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Technology Stocks : Gemstar Intl (GMST)
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To: NY Stew who wrote (2087)2/24/2000 8:54:00 PM
From: Stephen M. DeMoss  Read Replies (2) of 6516
 
FYI, There were some big option plays on gmst today. 1800 March 80's were traded and 300 March 75's. On a normal day there is about 4 or 12 or whatever traded. My guess is that we are about to either make a strong move up or down this month <G>. Either naked calls knowing it is coming down or a big investment knowing it is about to make a move up. The rich premiums on the calls suggest to me we are soon moving up. Time will tell! Steve D.
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