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Technology Stocks : CAWS - Wireless Cable (New and Improved)

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To: Rosemary who wrote (551)	11/27/1996 11:06:00 PM
From: BILL JAMES	of 5812

Well not really it only means that only someone with 1000 shares was willing to take a chance on the stock being under 5 in January for a total profit of 187.50. 11/27/96 - 11:08 p.m. Eastern Time 11/27/96 - C A I WIRELESS SYS INC COM- CAWS - $2.875 Symbol Issue Bid Asked Ref#* -------------------------------------------------------------------- QCW AA CAWS JAN 18, 1997 $ 5.000 CALL 0.062 0.250 2248 QCW AB CAWS JAN 18, 1997 $ 10.000 CALL 0.000 0.250 2248 QCW AU CAWS JAN 18, 1997 $ 7.500 CALL 0.000 0.250 2248 QCW CA CAWS MAR 22, 1997 $ 5.000 CALL 0.187 0.250 2248 QCW CB CAWS MAR 22, 1997 $ 10.000 CALL 0.062 0.250 2248 QCW CU CAWS MAR 22, 1997 $ 7.500 CALL 0.062 0.312 2248 QCW FA CAWS JUN 21, 1997 $ 5.000 CALL 0.250 0.500 2248 QCW FB CAWS JUN 21, 1997 $ 10.000 CALL 0.062 0.312 2248 QCW FU CAWS JUN 21, 1997 $ 7.500 CALL 0.062 0.250 2248 QCW LA CAWS DEC 21, 1996 $ 5.000 CALL 0.000 0.125 2248 QCW LB CAWS DEC 21, 1996 $ 10.000 CALL 0.000 0.250 2248 QCW LC CAWS DEC 21, 1996 $ 15.000 CALL 0.000 0.250 2248 QCW LU CAWS DEC 21, 1996 $ 7.500 CALL 0.000 0.125 2248 QCW LV CAWS DEC 21, 1996 $ 12.500 CALL 0.000 0.250 2248 QCW LW CAWS DEC 21, 1996 $ 17.500 CALL 0.000 0.250 2248 QCW MA CAWS JAN 18, 1997 $ 5.000 PUT 1.937 2.187 2248 QCW MB CAWS JAN 18, 1997 $ 10.000 PUT 6.875 7.375 2248 QCW MU CAWS JAN 18, 1997 $ 7.500 PUT 0.000 0.000 2248 QCW OA CAWS MAR 22, 1997 $ 5.000 PUT 2.000 2.375 2248 QCW OB CAWS MAR 22, 1997 $ 10.000 PUT 6.750 7.250 2248 QCW OU CAWS MAR 22, 1997 $ 7.500 PUT 4.375 4.750 2248 QCW RA CAWS JUN 21, 1997 $ 5.000 PUT 2.062 2.437 2248 QCW RB CAWS JUN 21, 1997 $ 10.000 PUT 6.875 7.375 2248 QCW RU CAWS JUN 21, 1997 $ 7.500 PUT 4.375 4.750 2248 QCW XA CAWS DEC 21, 1996 $ 5.000 PUT 1.937 2.187 2248 QCW XB CAWS DEC 21, 1996 $ 10.000 PUT 6.750 7.250 2248 QCW XC CAWS DEC 21, 1996 $ 15.000 PUT 11.750 12.500 2248 QCW XU CAWS DEC 21, 1996 $ 7.500 PUT 4.250 4.625 2248 QCW XV CAWS DEC 21, 1996 $ 12.500 PUT 0.000 0.000 2248 QCW XW CAWS DEC 21, 1996 $ 17.500 PUT 14.250 15.000 2248 --------------------------------------------------------------------

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