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Technology Stocks : 3DFX

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To: Jan Crawley who wrote (3811)6/8/1998 4:20:00 PM
From: Don Westermeyer  Read Replies (1) of 16960
 
>Do you see June options expiration at $22 1/2?

Are you asking if I think the stock will be at $22-1/2 by next Friday?

I think it is a strong possibility, but not because of the option open interest. There doesn't seem to be a lot of open interest at the strikes near the current price, so I don't think there will be much impact from option players as expiration nears.

Today's strong finish would indicate to me more upside. Maybe the recent TDFX PR is an indication they the company is getting into a mode to hype their products now.
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