JANUARY 1997/BEST OPTION PURCHASE Message Board

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Strategies & Market Trends : JANUARY 1997/BEST OPTION PURCHASE

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To: Brian Hornby who wrote (46)	12/30/1996 11:35:00 PM
From: wiley murray	of 84

Brian. WOW! What a day for Zitel. A high of 72 7/8 and closing down 20 1/4 to 40. I noted the JAN 30 CALLS lost 19 3/4 to 12 1/4 volume 652, JAN 35 Calls lost 17 3/8 to 9 volume 652,JAN 40 down 15 to 8 volume 874.PUTS obviously went UP UP UP.What will tomorrow bring for Zitel? Congratulations on your profits. GOOD PUT call.The earnings play is anyones call. Could go either way!CA will bounce up after JAN 1st.

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