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Technology Stocks : CLCX - Computer Learning Centers
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To: Mike Naiditch who wrote (25)2/12/1998 12:54:00 AM
From: Clint E.  Read Replies (1) of 339
 
>>When the firms were buying puts, I had to take the other side. Then, I hedged by shorting stock. So yes, I am "short" stock, but hedged.

Those firms could have been hedging against long positions by buying puts.....just like you.

Are these March puts?

Also, could you tell me who the principal MMs are.

Thanks;

Clint
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