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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?

To: Stu E. who wrote (9416)	8/9/1998 1:28:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 11555

No, my attention was elsewhere. I think we may get a retest of the lows or near lows within a few weeks. That would be a good time to sell puts on high beta stocks. Also, the market is in a "love-hate" mood: if a stock has negative news or press or even a minor downgrade in earnings, it is often trounced. I've noticed this recently for several stocks. The ones in which the news didn't change the fundamental picture and which were already under-valued tended to pull back up fairly quickly. With little downside left in many stocks and the market and the outlook due to improve as we move into the fall and winter quarters, selling in the money or slightly out of the money puts on high beta stocks has a high probability, IMO, of being very profitable. IDTI isn't that volatile at this point but is still worth selling puts on if it spikes down.