Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.410

-2.1%

Nov 4 3:59 PM EST

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To: Mark Adams who wrote (11842)	5/6/1998 8:30:00 PM
From: James F. Hopkins	Read Replies (1) of 12298

Well The side lines is mostly were I'm at too, I can't find any puts that are not already priced too high..but..the open interest in puts is low compared to calls ..the high call to put ratio, means there won't be a lot to catch the market if she falls. While the high ask on the puts is bearish.. --------------------- I just hate being on the side lines, had a nice run from FEB1st to Mid Apiil..then I noticed when buying the dips was getting harder to turn them over..this market may move in a trading range for a while..but it's over bought up the ying yang..and not too liquid. Jim

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