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Technology Stocks : CLCX - Computer Learning Centers

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To: Jerry Miller who wrote (20)2/2/1998 10:59:00 PM
From: Mike Naiditch  Read Replies (1) of 339
 
Options Update

Since options started trading on CLCX, most of the volume has been put buying. Goldman Sachs, Bear Stearns, and various BDs are buying like there's no tomorrow.

There was some rumor about Mongomery Securities and their rating of CLCX.

The trading crowd is fearful (maybe paranoid) of some impending negative news.

Given this info was known before today's big run (4+), it appears to be useless. I thought you might want to see the names and actions of the big options players.

Mike Naiditch
Tower Trading DPM
Member Chicago Board Options Exchange
towertrading.com
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