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Technology Stocks : PMC-Sierra (PMCS) -- Ignore unavailable to you. Want to Upgrade?

To: JH who wrote (2193)	10/16/1998 3:01:00 PM
From: JPM	Respond to of 3818

That is an excellent strategy. I recommend everyone here do the same if possible. Extremely rich premium in the Nov. 35 and 40 calls. Good Luck. JPM

To: JH who wrote (2193)	10/16/1998 4:13:00 PM
From: The ChrisMeister	Read Replies (1) \| Respond to of 3818

"I don't think it's realistic to expect further gains..." I think we've got a little more to go short term -- have to punish the shorts and those who bailed over the last couple of months thinking perhaps they'd be able to get back in lower at their leisure. Momentum-wise, the indicator I keep says we don't get overbought until we close at/above about 42 3/4. With a little extra intraday panic buying I think we can make 44 or 45 before the inevitable pull-back. ChrisMeister