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Technology Stocks : Seagate Technology
STX 286.22+0.3%Dec 26 4:00 PM EST
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To: Jacky AY who wrote (4009)11/4/1997 5:36:00 PM
From: Frodo Baxter  Read Replies (1) of 7841
 
> My feeling is that SEG probably had offseting option position and
decided to write off the losing position first (maybe they're required
to do so...). So, they'll realize the profit of the opposite position in the future.

>Of course, everything is plain speculation at the moment since SEG
didn't elaborate on their hedging strategy.

Read the 10K.
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