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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: Investor A who wrote (345)4/11/1997 10:53:00 PM
From: Robert Florin   of 640
 
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?

That is what makes the market an unfair game. Parties like this should get the SEC to investigate. Were these trades entered before the securities firms released their expectations of "deeper than normal" Intel price cuts? If so, it is called insider trading and people should go to jail for it.
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