C-Cube Message Board - Msg: 1583897

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Technology Stocks : C-Cube

CUBE 39.61

+1.2%

Jan 16 9:30 AM EST

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To: John Rieman who wrote (16992)	6/12/1997 9:27:00 PM
From: HOSEMAN	of 50808

john curious option trading in the morning may account for the morning activity. at 10:54, 200 Nov 20 calls were sold and 200 Nov 20 puts were bought establishing a synthetic short. Now it speculation but around that time a 200,000 block traded through. If it was more than mere coincidence, then the seller took the shares off the table and kept a position on without tying up his/her capital. IMHO HOSEMAN

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