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Technology Stocks : PairGain Technologies
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To: Cyrus Mashhoodi who wrote (18135)12/29/1997 5:54:00 PM
From: Chicago  Read Replies (1) of 36349
 
Cyrus,

I hope your right, but the volume today
on Jan 30's was 1,050 and on Jan 35's
was 1,000. The last price on each
was 1/16 and 1/8 respectively. If you do
the math on each, the 1,050 contracts of Jan 30's
would be $6562.50 and the 1,000 contracts
of Jan 35's would be $12500, not very much
money in the whole scheme of things. So
I'm not sure if its much to get worked
up about (although I would love to see each
of those contracts be worth say 3 or 4 dollars
each by January 16th). Just a thought.

Regards,
Chicago
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