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Technology Stocks : IMRS racking up y2k contracts.

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To: Nanda who wrote (1014)9/19/1997 1:57:00 PM
From: jgibbs   of 3162
 
IMRS up over a buck and a half a little while ago. Wonder if MMonk and other call holders are exercising. As of this morning, there were a little less than 500 contracts open interest in the Sept 30's and 35's combined. Market Muggers's would love to see them expire worthless, but it looks like it ain't gonna happen, at least for the 30's.

Did you all see the news on KEA? Hiring 3500 to 4000 new employees to handle y2k. Must be a lot of business out there to handle the cost of that amount of personnel. Wonder what's in store for our team.

Looking for some new contracts.

(Anyone heard from Paul E. Thomas? Hasn't posted since the 4th.)

JimG
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