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Technology Stocks : DSC Communications
DIGI 0.00010000.0%Jun 3 1:06 PM EST

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To: Steve Fancy who wrote (4204)6/3/1998 2:58:00 PM
From: Spaw  Read Replies (1) of 4429
 
SF,
Intraday chart is a classic cup with handle.
As I write this I am watching digi tick up rapidly after basing most of the trading day. With the volume and news and rumor action behind this thing, I am looking for an upside move to the 21-22 range by the end of the week. With no announcement this week, we should close high on Friday in expectation of a Sunday deal. 4.1K JUN20 calls traded today, 1.6K JUL20 calls, 1.1K JUL25 calls. One thing I know for sure, the guys in the options pits see digi going higher.

Good luck to all,
--spaw--
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