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Technology Stocks : Cabletron Systems (CS: NYSE)
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To: Captain Jack who wrote (7512)1/27/2000 7:26:00 PM
From: R.E.B.  Read Replies (2) of 8358
 
Couldn't agree with you more Captain, but all those contracts is a big vote of confidence that I've not seen in a while. We all know CS is a solid company but when you pay $2 for a $30 strike price less than a month away, you gotta believe that $32 is obtainable ($30 + $2) over the next 21 days or 16 trading days.

Let's put it this way, if I were buying options at $30 strike price, I'd buy the March's or later..... unless I knew something.... hummmmmmm..... hummmmmmm
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