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Technology Stocks : Cyrix 1 Where anything goes
CYRX 8.845+3.5%Nov 11 3:59 PM EST

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To: Frank P. who wrote (341)4/10/1997 7:10:00 PM
From: Investor A   of 640
 
Frank,

If INTC keeps on dropping $4~$5 per trading day, your Apr 110 puts could be quite valuable on the expire date, so does my Apr 105 put. ;-))

As my emails to you, there were two big buy orders, 2000 and 850 contracts on INTC Apr 130 puts yesterday. These buyers did know something that we did now know in advance. I haven't seen these two (or one) buyers close their position yet. Can I presume that they are expecting more?

APR Expire Date starts to count down from now. My current APR options are going to kill my stomach again. I don't know how long I could stand for this kind of nerve killing tradings.

Thanks again for your GOLDEN words : "Buy Low Sell High". It works!

Fuchi ... who loves Cyrix's innovations

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