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To: Bazmataz who wrote (479)5/28/1998 11:15:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
Baz, check out the Sept 35 call option today - pretty heavy 200+ volume today. Think someone is betting on a buyout? <GGG>

If SEV breaks $25 tomorrow, which it may or may not, then the next resistence is $30. There is this $5 elevator zone that one can cook up numerous option play that is almost risk free. Check out Doug's page for some ideas. If I write any call, the only one I'm writing is June call, nothing further out.

I encourage you and all SEV holders to think of an short term and long term strategies for SEV stocks and options. This exercise has really helped me quite a bit this year and stay clear of those overexuberance that clouds up one's decision making.

LT - MU is dropping everyday and I can adjust my support each and everyday. Yesterday it was $25. Today it was $24. Guess tomorrow will be $23. Heh, I don't even need to look at chart to call these. <ggg> Nah - life will be too easy otherwise. Strong support at $22. Never made so much percentage wise on paper until this MU put. Thanks.