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Technology Stocks : Compaq
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To: Andreas who wrote (73550)12/10/1999 10:54:00 AM
From: MeDroogies   of 97611
 
Of course, that's the tale of the tape at the moment. HOWEVER, having watched this tale play out before...there are many ways to get a price down aside from pure selling (head fakes/diving for stop losses, etc). They may border on the illegal, but they take place nonetheless.
Based on what I've seen and heard, there is interest building in CPQ that there will be a move in the next 30 days. I expected the big jump last week, and profited from it via options. I just bought more Jan options this week, and more today. I fully expected this drop, though it's a little steeper than I like.
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