Qlogic ( QLGC ), Right time to BUY ? Message Board

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Technology Stocks : Qlogic ( QLGC ), Right time to BUY ?

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Sheroo Singh who wrote ()	5/30/2000 5:10:00 PM
From: szabel	Read Replies (1) of 519

With a lack of volume in stocks infecting the options market, options pros were seeing little bullish action Tuesday, despite the surge in stock prices. Volatility Index Today % Change 27.67 +0.65 Source: ILX One options specialist on the American Stock Exchange said there was little flow in the market. The rally lacked "a lot of enthusiasm," the specialist said, noting that there wasn't any significant put selling or call buying despite the rally in stocks. What he was seeing was mostly traders adjusting positions. Selling a put or buying a call is generally a bet that a stock or index will rise. Put/Call Ratio Today (Noon) Previous Close 0.37 0.61 Source: ILX The specialist, along with other market participants, complained that volume was light overall Tuesday, the first day back after the long holiday weekend.

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