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To: Sarmad Y. Hermiz who wrote (63304)6/18/1999 6:16:00 PM
From: Jan Crawley  Respond to of 164684
 
For a while I thought the only stock that may participate in yhoo's run to e will be yhoo. But even that is doubtful now. We may have to take

Well, Sarmad, looking at Yhoo's last two runs:

From 3/24/99 to 4/6/99, Yhoo's low was $147 and high of $244, e-day was 4/7/99. A $100 run. The Jan/99 run was a sister act.

Now, July 4th is a holiday...there is not going to be too many run days till July 7. If the "anticipated" (the foundation of Henry B.'s call a month ago) Yhoo e-run does not materialize this time, what's the consquences for the Amzn's e-run...etc...so I think that 350 shares is a small price for me to pay to find out...

Btw, if the enlarged float and less volatility takes over the nets...we will have to change our trading style..



To: Sarmad Y. Hermiz who wrote (63304)6/19/1999 1:39:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Sarmad,

Looking at the Yhoo/Amzn options table and the E-run price charts, I am thinking:

1. The July options for both were lightly traded on Friday, so I guess that there is little big players' roll-overs. The open interest for Yhoo-July200 stands out with over 6K contracts.
2. What kind of price range for Yhoo July 7's e-run?? If there is no e-run, no excitement, then the Casino will just be closed for the summer?? unthinkable? So there better be one, big or small.
3. I will be out most of the next week. So seriously, I am placing pending sale for Yhoo @163; and if Yhoo touches 163 next week, then Amzn may touch $138?? It will be a perfect world if I can sell Yhoo@163 and Amzn@138 next week, then buy them back $10 less towards the end of the week, then another $10 profit for the following week, then...the July 7 week will tell me the story.

ps. The ebay oct250 calls' OI is unchanged; but the premium dropped $11. So I guess "that big boy" was selling calls.