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Technology Stocks : MetaCreations (MCRE) - Detailed Goo in a Soapy Dream

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To: timmask who wrote (296)10/2/1997 4:24:00 PM
From: shahn   of 846
 
Some buys of 20,000 amd 25,000 just before the close, smells
like institutions. I suppose the emerald research presentation
had some effect.

The nov 17 1/2 calls dont look to me like a good bet.
If the earnings around 20 Oct go well you could well
make a profit (ie stock above 18 1/2) but theres a good
chance it may not go that high since some expectations are
already in the price IHO, so theres a good chance
you'd be throwing away your money. I'm holding the stock and do
expect something like 18 ish but thats not enough.
Thats the problem with options.

Shahn
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