FORE Inc. Message Board

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Technology Stocks : FORE Inc.

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To: jas cooper who wrote (8594)	5/14/1998 6:30:00 PM
From: Igor Nasonov	of 12559

Tomorrow performance. James - It looks like that FORE option players totally lost control of the stock price. I didn't see it with FORE for many many months. For the CALLs we have so far 835 contracts for May15, 3583 for May17.5 , 3049 for May20, 1912 for May22.5 and ONLY 1080 for May25. FORE didn't close in last two days near 22.5 strike price (that's what I was expecting). Of course it's another day tomorrow, but I do not expect price to dive after showing strong support around 23. It looks like option people ARE AFRAID to short FORE (as they always do for majority of stocks) and do not want to buy calls from "normal" option buyers... I saw it last month with ASND when practically all calls were at strike price 40, but on the option expiration day stock didn't move down from 42. For me it's another sign that we're on major move up next week. Wealthy Trading, Igor

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