S3 (Multimedia semi's place 2be) Message Board

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Technology Stocks : S3 (Multimedia semi's place 2be)

SIII 0.0001000

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May 12 5:00 PM EST

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To: Steve E. Boney who wrote (9191)	6/16/1997 11:02:00 PM
From: RAY WACLAWSKY	of 9477

If you add up all the call options and net the put options, you can ascertain where the closing price will be...........the answer is below 12.5 and above 10. If you are a believer, the time to buy is near the close on Friday. I sold short against an open call option for Jun10's and a covered call option for Jun 12.5. My goal is to have the stock close below 12.5, which I believe is imminent. All the best,

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