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Technology Stocks : Compaq
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To: Dulane U. Ponder who wrote (17760)2/20/1998 1:40:00 PM
From: Hugh W.  Read Replies (1) of 97611
 
If you look at open interest on CPQ Feb calls and puts. The ratio is 2.5:1. This is why CPQ dropped to 33+. It could drop to as low as 32.5. I will be losing 15K today. So what, I didn't sell when it was 26.
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