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Microcap & Penny Stocks : Genicom (GECM)
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To: ST Trader who wrote (76)9/6/1997 5:14:00 PM
From: Carl Yee   of 231
 
I think your right here about being slightly overbought. I think Friday's price at closing reflected that more than the whole mkt being down.

Yes, the low premium seems to be a reflection of 1) a stock that has had fairly low volatility and 2) a new issue that may be inefficently priced. I am going to try a few 12 1/2 Decs at the bid just to see what happens on Monday. I may add a few 10s later.

Carl
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