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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: Carmine Cammarosano who wrote (4185)1/7/1999 6:52:00 PM
From: OrionX  Read Replies (1) of 4509
 
CC,

You're absolutely correct. While I don't know what the fuss has been about the last few days, time will tell. However, my point about the calls was that there are more than twice as many calls as puts for the Jan/20 strike price. Also, not knowing who bought and/or sold those contracts makes it difficult to make any clear diagnosis. Still my comment was that those with more to lose will defend their loss much harder with the stock below 20 and very few days left before options expire.

Anyway, SAP was up over 2 point today as well. So the move may be sector related.
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