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Strategies & Market Trends : Tech Stock Options

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To: broken_cookie who wrote (27630)	11/1/1997 2:53:00 PM
From: J R KARY	of 58727

Company owned options can also be used to benefit insiders Richard the article Jim posted brought back memory of a NOVL thread post which was suspicious of large puts bought by the company. It reasoned executive's stock options may have been "insured" by this and disclosure is mininal , sometimes only a footnote on the annual report . To add to this , NBR's guest last evening, Mr. Gabelle , revealed even "insider trading" may be a reporting smokescreen to mislead investors . He tries to distinguish their "quality" is his service versus the free stuff we get from the SEC on the net . Regards, Jim K.

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