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Technology Stocks : Compaq

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To: S.C. Barnard who wrote (30746)8/10/1998 9:33:00 PM
From: SecularBull  Read Replies (2) of 97611
 
scba, I have a question for you concerning Goldman's upgrade of Compaq last week.

I read in the back section of the Journal that Goldman was one of the biggest sellers of Comapq covered-calls last week. They were selling the August 30s in particular.

Why would a firm that gave such a glowing review of Compaq be selling covered-calls? Very perplexing.....

Regards,

LoD
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