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Strategies & Market Trends : Tech Stock Options
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To: j g cordes who wrote (31701)12/22/1997 3:17:00 AM
From: Suresh  Read Replies (1) of 58727
 
Jim,

I wasn't questioning your posting... just extending the topic. That's all... I hope you don't take it otherwise. IMHO most of the activity was related to option expiration of equities.

I agree that companies can't operate in red forever. Whatever I am wondering about is the near term ( 1 - 2 years) consequences for other players in the sector who hasn't been trashed or companies which are viewed as growth companies. Everyone was talking the DD players were value plays when it was about 100% of higher than the current level. But as the story unfolded it became apparent that they were indeed not cheap at that time.

Later,

Suresh
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