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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (22318)9/8/1997 3:38:00 PM
From: Judy   of 58727
 
lisa, if a stock can go up 5 points in one day on good news, then dropping 5 points in one day on a rumor is not particularly scary. Just the way a stock trades. As for the disk drive sector, it looks like the big boys had a party call over the weekend and decided this was the sector to slam. Let's see how they close today. Besides two weeks until expiry is a long, long time. The fund and games are starting now. Just saw on the WDC thread that Oppenheimer buying WDC on the dip. So it goes.

btw, I told Mikey that if WDC held above 42.5 on an intraday basis, I would not even look at it.
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