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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?
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To: Malladi Prasad who wrote ()3/3/2000 6:55:00 PM
From: Steeny  Read Replies (1) of 3431
 
Don't know if anyone noticed, but there was some interesting activity today in GEMS March 25 calls. Only a few traded all day, but then suddenly on the close, somebody bought 700 options contracts!!!!

This is large size, equivalent to 70,000 shares at one shot.
This could mean that a large player is expecting a big move to the upside WITHIN 2 weeks!!!
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