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Technology Stocks : ANTEC Corp. (ANTC)

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To: Kenneth E. Phillipps who wrote (451)10/20/1999 4:17:00 PM
From: PaperChase  Read Replies (1) of 847
 
Yeah. I know. The stock climbed $20 (50%) in 3 months by momentum traders despite an analyst downgrade in the interim. The slightest disappointment (gross margins) and then wham, the momentum traders exit.

The irony for me is today's price volatility is reflected in ANTC options and it does not make sense for me to buy back my Nov $45 Covered Call (purchased in mid September) just yet.
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