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Strategies & Market Trends : The Options Box

QQQ 632.08

+0.5%

Nov 3 4:00 PM EST

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To: smchan who wrote (10734)	5/6/2001 10:38:36 PM
From: Dr. Zax	of 10876

here's a thought (and what I'm currently doing) IFMX - Just announced a major restructuring, including the sale of their DB unit to IBM. The new IFMX is no longer a database company, they have some good aps and long term will be a good one to hold. The stock dropped from 7.5 to 5 on the news of the buyout. While trading at 5, there's lots of uncertainty about where it's going. August 5's are trading at $1 . 20% is not bad for 3 and a half months. Just a thought, and my current play Dr.Zax

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