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Technology Stocks : Softkey (SKEY)?

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To: john r. arnold ph.d. who wrote (83)3/6/1996 10:36:00 AM
From: Raymond J. Steck   of 247
 
John...Noticed your tuned into options. I have a question for you.
As of 12/31/95, Fidelity Magellian loaded up on March96 S&P 500 futures,due to expire next week,as one of their top 10 holdings.
I'm going to try and find out if they are still holding them;
however, what kind of impact would this have on their fund? Why
did they buy a pile of these options?
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