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Technology Stocks : Seagate Technology
STX 258.21-1.7%Nov 14 4:00 PM EST

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To: William Epstein who wrote (7146)3/24/1999 4:57:00 PM
From: William  Read Replies (1) of 7841
 
Photoman:
<<institutional exercising of puts >>

Interesting thought. They are sitting long, bought some puts, maybe some cheap APR 30's or some such thing when the stock was north of 40 and now it's time to collect on the insurance policy. Could well be.

With todays volume and average daily volume tomorrow, it'll be in the 10-12 million two day that you mentioned. I am thinking of doing some call buying tomorrow.

William
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