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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: joe smith who wrote (37305)3/25/1998 8:39:00 AM
From: joe smith  Respond to of 58727
 
ndx.x is almost limit up as we speak.

js



To: joe smith who wrote (37305)3/25/1998 8:47:00 AM
From: marc chatman  Read Replies (1) | Respond to of 58727
 
I agree things get worse, not better for the semis. But look at the action on the diskdrives yesterday -- and I don't believe they will make any money for a long time. Do you think this is a one day event?

I may hold my short in MU, but I think money could come back into ALTR and XLNX for awhile. And shorts could get squeezed throughout the tech sector today. I won't cover into the open, but if I see no give, I may cover now and look forward to darker days.