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Technology Stocks : Gateway (GTW)

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To: Skeeter Bug who wrote (5262)1/23/1998 8:25:00 PM
From: Jeff Anderson  Read Replies (1) of 8002
 
I saw something about the implied voltility of GTW calls. Didn't understand it but it didn't sound good. Anyone else see this and understand then implications. Sound like everyone was bailing out of their calls now instead of waiting. Make it sound like the option folks don't expect it to go higher and are getting out now. Thanks.
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