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To: Stu E. who wrote (9312)	7/26/1998 2:47:00 PM
From: semi_infinite	Respond to of 11555

I returned from the APC computer show here in Santa Ana (southern California). The vendors are selling a VX board with WinChip for $69! Nobody was buying despite the lack of Pentium IIs. I don't like the cloners profit outlook when even the low end market is waiting for Intel's new Celeron series of chips.

To: Stu E. who wrote (9312)	7/26/1998 3:57:00 PM
From: Lockhart	Respond to of 11555

Stu, Interesting observation. I too look at option activity, and in fact sold some Aug 7.5 calls for 1/4 on Thursday. Felt like I was the one holding someone up for a change:-( I just can't ever figure out how to look at option activity. Was the seller making some easy money because he/she/it felt the stock could go no lower? Or was it a hedge, or was it the belief that the stock would fall further? At these relatively low volume levels it's hard to guess. OI on Aug 17 1/2 calls is over 5,000<g>