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Technology Stocks : Electro Scientific??? -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (479)10/22/1998 11:33:00 AM
From: Mark Oliver  Read Replies (1) | Respond to of 723
 
Glad to see your input Ian. I'm not sure what to do with these options. I've got 15 and 20 strikes for March. Lots' of time to see this through, but I expect so retraction also. This move has been quicker and stronger than I expected, but I feel the company deserves a better price than book.

I thought about keeping the 15's and selling the 20's as they would probably come back to even much quicker. Then, if the stock falls back to 20 or under, I would buy them back. I'm up double on the 20's and 3 times on the 15's. Time a sell is alway harder.

Amazing thing is this stock is not going up on volume. Most people seem satisfied to just hold it. Wonder when the profit taking will start?

Regards,

Mark



To: Ian@SI who wrote (479)10/23/1998 1:38:00 AM
From: vinh pham  Read Replies (1) | Respond to of 723
 
Thanks for the advice. I am taking a serious look of playing the
option game. Still need to do a lot of homework before I start
though. How about the semi equipment sector? I bet you Fidelity
have a lot to do with the run up lately. They are shifting heavily
back into tech stocks.

Later


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