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Technology Stocks : CAWS - Cai Wireless Systems - Cable Modem Killer

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From: George Holt	5/24/1996 11:13:00 PM
	of 2221

They have 10 strike calls for June July & Sept (puts also, I assume) Today I bought Jun 10 calls at 1 9/16 and again at 2 3/4 they closed at 3 3/4. I expect that with the price close at 13 that they will probably offer option at the 15 strike price on Tuesday. If they had 15 strike calls today I would have bought some at the open. When I read the company PR release I thought to myself this looks like a 3 bagger (25+). I did a "Paul Revere" posting to to AOL and the short term board here after I put in a heavy buy at 8 1/4. Expect another gap up Tuesday and 15 before noon. Good luck, George Holt

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