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Technology Stocks : How high will Microsoft fly?
MSFT 492.01+1.3%Nov 28 9:30 AM EST

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To: Ibexx who wrote (9173)7/14/1998 10:49:00 AM
From: Ibexx  Read Replies (1) of 74651
 
Thread,

MMs are trying hard to drive down the stock to the $115 level in order to kill the large open interest at this strike. Well, they've got a couple of days to do it.

Selling pressure this am has not been severe--on moderate-size trades only. This is compatible with the above supposition.

Ibexx
(Long on MSFT commons & long the calls
short the puts)
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