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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: Michael W. Brom who wrote (6665)	6/8/1999 6:23:00 PM
From: John Carragher	Respond to of 17183

DJ Options Report: Techs Active; Marine Drilling Calls Busy By Gaston F. Ceron and Steven M. Sears NEW YORK (Dow Jones)--Things were fairly quiet in the options market Tuesday, with volatility rising as the stock market fell. "Throughout the day, the market has been extremely quiet," said Jay Shartsis, R.F. Lafferty & Co.'s director of options trading. The option market's fear gauge, the Chicago Board Options Exchange's Market Volatility Index, or VIX, gained 0.85, or 3.6%, to 24.32. Still, the technology sector remained a pocket of activity, including call trading in International Business Machines Corp., EMC Corp. and Dell Computer Corp. A senior trader at a major securities firm said that people are starting to buy call options in leading technology names after having sold some of them short.