Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (17740)	10/29/1998 10:50:00 AM
From: wiley murray	Read Replies (1) of 120523

To All:WFC Option New Site:PUTS/CALLS OTHER OPTIONS SECTION:(See comments below) Anyone interested please visit. I am lonely for traders who are interested in or want to be interested in WFC.Thanks. Those of us who trade with options are interested in stocks that MOVE. Since time and volatility are two of the main issues with options, I thought I would start an option site on one of the most volatile stocks around WELLS FARGO (WFC). It is common place for WFC to move 5-10-15 and even 20-25 points in ONE day. One of the down side issues for a volatile stock like this is that the option premiums are VERY high.In November WFC is merging with Norwest Bank (NOB). WFC shareholders will get 10 NOB shares for one WFC share.When the merger is finalized the WELLS FARGO COMPANY will be the surviving company. I am not sure how this merger will impact the price of WFC. Time will tell. I hope some of you option traders will take a look at this site and contribute your ideas on this stock. Thanks

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