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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Crossy who wrote (2617)	4/6/1998 5:59:00 PM
From: Iris Shih	Read Replies (1) \| Respond to of 37387

Hi Bosco & Corssy Long time no talk. How have you been doing in this crazy market? I have been back trading since Feb. It has been a very nice month for me, with those internet short, short-term plays. I am leaving for Taiwan next week, so I started to close some of my short-term positions. Right now I am looking into semi equipment makers and oil (gas) drillers. Yes I know both of them are in the dog house now. But they carry the least downside pressure on the other hand. I bought some uti and pten shares when the driller hit the bottoms and reversed with healthy volumes two weeks ago. And wrote covered calls on them last Monday. Great fundamentals but in the lousy sector. I plan to buy more when they drift down to the lower channels again. Others I am looking to accumulate are unt, glm and mdco. As semi equipment makers, I have watched the tape action on some of the stocks lately. Not much selling pressure and not much buying motivation either. I still have intc (have wrote ccs on my shares several times when it started its slide around 95) I also have some altr shares with puts covered. Sold part of altr's put which I bought around 43 but still kept some. Altr had insider buying at 31-32 level which never happened for the past few years. I think management must have some confidence on their own company. I am looking forward buying more if it hits that level agian. Others I am looking at are asyt, sfam, mchp, cymi, idti atml and yes crus. All these stocks need patience and time. Bosco, just like asnd. (Do you still have asnd?) I still have mine and have played short-term calls and puts on it for several times. Isn't it fun? Nice to talk to you again. If you have any opinions on the stocks I mentioned, feel free to give me some advise. Thanks. Iris