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Technology Stocks : LSI Corporation

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To: shane forbes who wrote (10770)3/11/1998 8:32:00 AM
From: frank/fla.  Read Replies (1) of 25814
 
Shane, I talked to the company yesterday explaining our remorse that the stock just knows how to go down...and that any good news at earnings time will probably bring this stock up 2 points, which at the way things are going will be from 15 to 17,,,,also asked if there was any bad news coming and if so the sooner the better because this stock is bleeding big time...he said he couldn't comment either way.I told him about the option trades and THAT SOMEONE WAS exspressing big time that they new someting and wouldn't it be fair to tell the rest of us smucks what he apparently knows. He was very interested and was going to call the specialist, he also said he was working having the analyst reiterate their positionS, he brought this up.
Now if things are good why would he call the specialist because the option guy is going to get burnt...his concern would be information being out before announcement...rather black isn't it...unless you can come up with a reason 1600 puts at a strike of 25 costing over 4 was bought in an hour....I would look for an announcement either way soon... any thoughts
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