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Technology Stocks : FORE Inc.
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To: matt fahy who wrote (8917)7/17/1998 11:59:00 AM
From: matt fahy  Read Replies (2) of 12559
 
Anyone,

I think I understand the "option strike theory", but why can't the MM close out their positions when price was at $25.25 a little bit ago if the news is good and momentum today is good in order not to get burnt if price does rocket in the afternoon. Can anyone help me with this, I may sell again today if it rises only to fade back to $25 at close?

Matt
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