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Strategies & Market Trends : JANUARY 1997/BEST OPTION PURCHASE

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To: Larry Abrams who wrote (11)12/21/1996 9:41:00 PM
From: wiley murray   of 84
 
Larry: Thanks for your input.3COMS beat the street estimate Friday by .05 hit 80 then sold off to 76 7/8.That does not bode well for CS.CS did move up from 35 to 40 in three days last week. Someone is expecting good news I guess.The delay in earnings announcement usually is not a positive. PUTS are the call Monday as you suggest.
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