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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: RICK SCHINZEL who wrote (6809)1/16/1997 6:12:00 PM
From: RAY WACLAWSKY   of 9477
 
the answer is it's over!!!! of the 5,000 contracts ( 17.5 and 20 ) that are open for january, they have absorbed the premiums for the 500,000 shares this represents. my suggestion for anyone who owns the 17.5 calls is to exercize the option and make these a**holes pay. come monday, if the earnings are truly good, they will pay and you will recover your loss on the option trade.
good luck, and..........
go s3!!!!!!!!!!!!!!!!!
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