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Technology Stocks : Network Associates (NET)

NET 184.20

-2.2%

Jan 15 3:59 PM EST

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To: Joanna Tsang who wrote (3806)	12/17/1998 6:04:00 PM
From: AlienTech	Read Replies (1) of 6021

Wrong options Joanna! I am taking about all the calls being bought. Again today, Someone bought 500 JAN 55 calls @ 3 1/4. It could be the shorts are now hedging their short positions, But I would think a smarter thing would be to just cover and reshort it at a higher price. edreyfus.com

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