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Technology Stocks : XLA or SCF from Mass. to Burmuda
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To: allen menglin chen who wrote (729)9/5/2000 1:07:31 PM
From: Scott Bergquist  Read Replies (2) of 1116
 
AMEX specialist usually buys at open. Approx 100k purchased at opening. There must be a lot of pressure to the upside, held over from the Cisco announcement 8-28.

Options are almost without premium for the 17 1/2 calls..even the October call! Almost no put buying...huge differential. That should have warned shortsellers.
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