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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: ahhaha who wrote (1658)5/22/2001 4:39:18 PM
From: james-rockford  Read Replies (1) of 1956
 
The MM's "never play with anything."
Gee, thanks for that assurance. It's nice to know that the boys on Wall Street are as upright and honest as you say. I sure they sit at their trading stations all day eating apple pie and saluting the American flag, and dreaming of mother.

One example, I own CORV stock, on Friday, Options expiration day, there were nearly 17,000 calls, with a strike price of $7.50. CORV closed at $6.89 that day, so all those options expired worthless.

Gee, guess what happened Monday? Want to guess? CORV closed at $7.60, I'm sure it was just a coincidence. I'm so happy to here that the guys at a rathole like Goldman Sachs (remember the PALM IPO, opened it at $165) are such honest men.
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