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Technology Stocks : Borland and Open Env - RAD For the Inter/Intra Net

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To: Brian Pastor who wrote (42)12/25/1996 3:46:00 AM
From: George Lazar   of 70
 
You wrote

"I have been closely monitoring the option purchases here and they indicate a move to 8 - 10 by January 18th (option expiration) and a move to 12 - 15 by April of 1997."

How do option trading volumes and open positions indicate specific moves ?

Could you share with us which BORL options (strike price, expiration) "indicate" support your price projections ?

-george
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