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Technology Stocks : INFOSEEK (GO)
GO 10.21-0.6%Dec 29 3:59 PM EST
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To: Olu Emuleomo who wrote (4814)4/23/1998 2:12:00 PM
From: RLM  Read Replies (1) of 9343
 
It looks to me like the smart money feels Seek will sink. The premium in the May 30 Calls has actually increased from a week ago when I sold them. This forces investors to hold the options. Seek has been closing below where it opens for the last few days. There is support at 22. If Seek drops to 22 it probably wont get back to 30 until the next earnings come out.
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