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Technology Stocks : TLAB info?
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To: Chuzzlewit who wrote (5683)6/19/1999 2:16:00 AM
From: Shafik Habal  Read Replies (1) of 7342
 
Chuz, something quite unique that i find profoundly interesting is the fact that TLAB has no call strikes greater than 70. Talk about the options specialist getting caught with their pants down ! I rarely find scenarios (certainly not in the few years i've traded) such as this for quality companies. Even the y2k and 2001 leap calls top out at 70. Regardless of whether this is short covering, a technical breakout or a combination of factors (arguing the reason is a moot point), the next few wks are going to be interesting for TLAB. Best of luck.

Disclosure: long TLAB common and 2001 70 calls (ZEP AN)

Regards,
SH
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