Option GEMS - Hot Options in Booming Companies... Message Board

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Strategies & Market Trends : Option GEMS - Hot Options in Booming Companies...

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To: Jenna who wrote (70)	7/27/1997 1:58:00 AM
From: PETE DARRUDA	of 396

Jenna, My only idea of why CNC took such a hit (-$1 1/16) on Friday was that the market was pretty bearish on the whole Insurance & Banking sector. Is that how you feel also? If that is the answer then what it did for us is make the options an even better bargain than they already were! Agreed? ALD seems to be starting another climb since they announced an upcoming 2:1 split. BAY..Announced upcoming 2:1 split on Wed. got sacked on Friday -$1, but now there appears to be major (GOOD) news on the way, according to various sources. The Bay thread has some links posted to verify these sources. *Sorry for getting carried away in this post! :-)

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