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Technology Stocks : XIRCOM (XIRC) 5/16/95 @ 16-1/8

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To: Bosco who wrote (1074)3/16/2000 7:54:00 PM
From: Zeev Hed  Read Replies (3) of 1096
 
Bosco, thanks for the site. Look at the call and the puts for the strike prices of $35 and $40. You'll see that "the powers" that be managed to cut down the position of the $0 calls by a good third. You can also see that there are now more puts at 40 then calls at $35, which means, it is quite possible that tomorrow they'll bring the stock just above $40 to make those puts worthless. Probably within the day they'll try and get both the residual calls holders and the put holders to get out of their positions, namely the stock could gyrate wildly between $35 to $40.

Zeev
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