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Technology Stocks : C-Cube
CUBE 36.52+0.3%Dec 12 3:59 PM EST

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To: Ed's Head who wrote (14746)4/29/1997 5:00:00 PM
From: Humblefrank   of 50808
 
Ed, 99% of people who buy options 30% out of the money lose everything.
I think we'll go to 30 too, but your options may still never be worth
more than you paid for them. Further, if the option market makers sell
a lot of May calls then they'll make sure the stock doesn't go up so
you're not helping the bulls by recommending others by May calls. I
believe the market makers are the ones shorting this stock and they're
doing it for exactly this reason. For all we know you could be an
option market maker yourself trying to lure suckers into buying something
you'll make worthless. Anyway, the Nov. 35's make much more sense if you
really have to buy options.
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