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Technology Stocks : USRX
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To: Fred Fahmy who wrote (12735)2/22/1997 8:58:00 PM
From: Charles Hung   of 18024
 
Fred, I believe the stock trading lower than when 56k was first mentioned
has nothing to do with the delay of x2. IMO, the stock went down as low
as 54 7/8 after market trade is because the big guys probably holds
some 55 calls, so they just want to get low enough to cash their call
and after that it traded back up to 58 1/2, because they know the x2
is coming out soon and the stock is most likely to go up to mid 60.
What do you think??

C.H.
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