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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: Finder who wrote (12380)	12/18/1997 1:46:00 PM
From: craig crawford	Read Replies (1) of 45548

Wrong! Tactics and Strategies: Cramer on Expiration Week Fun and Games thestreet.com (an excerpt) The ugly, pimpled face of expiration stares me in the face. There's IBM at $105, as it should be. Schlumberger hangin' at $80. Same with Pfizer at $75. Looks like another case of options boys starting their Friday fun a little early, playing pin the strike on the common. How does this game work? Why do stocks gravitate to the strike? Okay, let's take IBM. As of this writing IBM stands at 104.5. The December 105 puts are at 1.25, the December 105 calls at 7/8.

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