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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Debra Orlow who wrote (58131)	11/29/1998 6:36:00 PM
From: donald sew	Read Replies (1) \| Respond to of 58727

Debra, I don't want to give the wrong impression that CCL is a bad stock. I feel that it is good stock that is weakening slightly, so if there is a significant pullback in the market of about 5% then CCL most likely will also pullback. If the market continues up CCL could still move up some, but the upside is limited for the short/mid-term. CCL was at 35 when the DOW was at 9000 recently, then it pulled back to the 32 range. The DOW then climbed to over 9300 and CCL got as high around 35.50; therefore I am concluding that CCL is lagging the DOW slightly. As previously indicated CCL could drop 3-5 points, and with the small pullback about a week ago it did pullback about 3 points. Since the options are not expensive, a 3 point drop could return 25-50% if timed just right, and with a 5 point drop the return should be nice. Seeya

To: Debra Orlow who wrote (58131)	11/29/1998 8:04:00 PM
From: Chris	Respond to of 58727

I think time frame wise, it's a good long longer term view. but it needs to clear 36 resistance for sure..