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Technology Stocks : C-Cube
CUBE 37.36+1.2%Nov 26 3:59 PM EST

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To: Steve Fancy who wrote (41103)5/14/1999 6:40:00 PM
From: Peter V  Read Replies (1) of 50808
 
THat's a hell of a speculative buy, $180,000 worth of options. Three weeks ago when I bought my May 30s, the stock was at 25 and there was no bid. THis guy risks losing it all if we get a gap down next week. I know there are big boys with big money on Wall Street, but that's impressive to me. Not sure which came first, the stock rise or the option buying, but curious if one led to the other (as in "hey look, sombody's buying, I better get in here now"), or whether they are just independent verifications that something is afoot.
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