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Strategies & Market Trends : Tech Stock Options

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To: David Cope who wrote (6490)3/27/1997 10:48:00 AM
From: ViperChick Secret Agent 006.9   of 58727
 
David,

My tip is always vvus, my dear. This one is a wild rollercoaster ride. But you have to like gambling. It is the number 1 short seller pick by many people. Alot of insider selling has been going on. Of course, if you are a contrarian, then you should buy but I wouldn't unless it was for short term.

BTW, on MSFT - remember the big play on April 95 calls the other day. That should have been a big indication that it was going to at least 95. The guy is up now on his calls, but I am wondering if they are going to push it to 100. Alot of calls out there at 100...of course it could just be people writing them in hopes of it not going to 100. I don't have up to the minute OI, so not sure what is going on with that. Alot of action on 95 puts.

So let's play a guessing game. I say over 95 and then down to 87 or 88 in a few days. I don't have access to buy and sell blocks, etc... so this is a guesstimate.

When are earnings due for MSFT.
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