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

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To: George Lazar who wrote (43)1/6/1997 5:56:00 PM
From: Brian Pastor   of 70
 
1) Jan 7.5 Calls Current Bid/Ask 0 - 1/8 - I've watched this one daily since Borl announced Yocum as new Pres. and noticed volume of anywhere from 100 - 500 calls purchased per week. Today, with option expiration on the 18th, I noticed someone bought 10 at an eighth. Last week 250 were purchased at the ask in one day. Its this constant accumulation that's interesting. FOR THE April 7.5 - 300 calls were sold today at 3/4 in two trades -- one trade of 200 and one trade of 100. I am simply observing the activity and bought some of each on speculation becuase I noticed the same type of accumulation on both calls prior to November and then came the announcement that Yocum would be taking over. So, i'm speculating that some announcement is in the works.
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