BAY Ntwks (under House) Message Board

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Technology Stocks : BAY Ntwks (under House)

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To: Ben Antanaitis who wrote (6024)	5/29/1998 10:09:00 PM
From: Ben Antanaitis	Read Replies (1) of 6980

We have now completed the second week of a five week options cycle for the June'98 BAY options. I have updated and posted the June'98 Options Analysis for BAY. Looks like tons of calls have built a big wall for the stock to climb. The Max-Pain point is at $25, but there are still three weeks to go for the June'98 open interest and an announcement would swamp out the MAx-Pain effect. But lacking one, it looks like we may see $25 +/- $.75 on expiry day. Ben A. ez-pnf.com

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