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Technology Stocks : Westell WSTL

WSTL 6.450

+0.2%

3:12 PM EST

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To: SJS who wrote (7978)	11/24/1997 6:56:00 PM
From: Timothy K Robbins	Read Replies (1) of 21342

Steve If you believe WSTL will stay between 15 and 20 between now and Mid-December, you can sell a Jan 20c and a Jan 15p. In Mid-December, the time value of this spread will have eroded by about 1/3 to 1/2, then you can close it for the profit of the time-value (less commissions). Looking at the last three weeks, I don't think this one going to be very quiet. GLA Tim

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