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Technology Stocks : PairGain Technologies

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To: Jim Lou who wrote (20697)2/15/1998 6:07:00 PM
From: Rich Powers  Read Replies (2) of 36349
 
TO: Anyone
FROM: Jazz
SUBJECT: Options Expiration Strategy

Have 20 February 17 and 1/2 options that expire this week. The stock closed at 20 and 11/16 on Friday. I know that I should have exited this option transaction before this but I kept thinking that Pair would break and 21 and 1/2 and make a run to 25, especially in light of the nice move Adtran made last week. Reaction?
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