Amdahl Message Board - Msg: 1879415

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Technology Stocks : Amdahl

AMH 31.87

-2.2%

Oct 29 3:59 PM EDT

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To: Ross Brown who wrote (150)	7/31/1997 4:59:00 PM
From: ball peen	of 158

no doubt. congratulations to you and her if you both bought some. the options action was the strangest i'd ever seen and only made sense in light of the news. august 12.5 calls went from 1/4 last week to 1 1/4 on tuesday before ending up at 1/16 with no bid. and the stock was pegged to 12. i'm looking at this thinking, "whats wrong with this picture?" only after i checked the news did it make sense that the stock now pegged solidly at 12 with no chance of future advancement was responsible for the abrupt collapse of the options. never seen that maneuver before. pretty exciting; imagine blowing a couple hundred, making a couple thousand, and ending up with $50, all in a few days time. whew! no thoughts on any suits. this game is over. as we used to say over at amdahl, last one turn out the lights. i for one have quit the thread. nothing left to even laugh at... d

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