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Technology Stocks : Ariba Technologies (Nasdaq-ARBA)

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To: Guardian who wrote (465)10/29/1999 2:38:00 PM
From: srilanka  Read Replies (1) of 2110
 
ariba is option eligible today. the option premiums are huge i guess to reflect the volatility. nov 180's were fetching almost $5 for 3 weeks and way out of the money. obviously someone is prepared to pay up for this one.i would think the lock up release selling is starting to dry up. probably a good time to buy. a split is obviously the next event.
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