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Technology Stocks : Adobe (adbe) opinions -- Ignore unavailable to you. Want to Upgrade?

To: country boy who wrote (2358)	4/9/1998 2:01:00 AM
From: dale sicher	Read Replies (1) \| Respond to of 3111

CB, I'm not really interested in Adobe right now, and apparently not too many other people are either, as ADBE slowly drifts back into temporary oblivion. My options strangle play was supposed to take advantage of the usual Adobe earnings volatility but that unfortunately did not occur this quarter. The volume was there but the correction wasn't. Last week I sold back all of my April 50 calls for 2/3 of what I paid for them. Hanging on to the April 40 puts on the outside shot of a correction next week, but I'm not counting on it. There's still over 10,000 contracts open and they'll keep it right around 45 and then let Adobe go to 34 the day after expiration! Win some, lose some. Know of any stocks that should provide extra volatility in the next 2 or 3 weeks? Hand them over!