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Technology Stocks : General Instrument Corp.'98 (GIC)
GIC 31.40-0.8%Jan 16 9:30 AM EST
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To: John F. Dowd who wrote (221)4/5/1998 9:20:00 AM
From: matt gray  Read Replies (1) of 615
 
I see 3 possible scenario's:

#1 sell 4800 mar 17.5, buy 4800 apr 17.5......bullish outlook

#2 buy 4800 mar 17.5, sell 4800 apr 17.5....bearish outlook

#3 buyer uses calls in lieu of buying stock thus not calling
attention to themselves since the options don't drive stock
price directly.....very bullish

since I don't know if he was buying or selling calls for
a given month...its impossible to tell which scenario exists
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