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Technology Stocks : All About Sun Microsystems

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To: Mike Mee who wrote (501)2/11/1997 10:18:00 AM
From: Benjamin Rashcovsky   of 64865
 
Mike,

Open Interest on the SUQ Feb 35 calls is the largest at just over 10,000 contracts. However, 8 market days is a long way off and options market makers do not have the power or control neccessary to seriously influence prices. This is a common misconception that many investors believe. SUNW has traded 10M in volume twice in the last week - the sheer magnitude of these transactions makes it impossible for an Options MM to control SUNW's trading cycles over the next week.

Lombard.com will give you open interest stats.

-30-
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