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To: Dale Baker who wrote (8187)6/29/1999 11:24:00 AM
From: Norm DemersRead Replies (1) | Respond to of 118717
 
It looks to me like a quick recovery to about 28.

OSTE, from marketwatch:

In options trade, Osteotech Inc. (OSTE) out-of-the-money calls were active as the stock slumped apparently in part due to a message on a Yahoo! chat room suggesting earnings will be lower because of a recent acquisition. Jly 35, Aug 40 and Nov 40 calls were active, trading 269, 170 and 250 contracts, respectively. The company said its purchase of medical equipment inventory would be neutral for earnings.



To: Dale Baker who wrote (8187)6/29/1999 11:48:00 AM
From: Norm DemersRespond to of 118717
 
OSTR getting a little resistance now. I just got stopped out with a quick 1 point gain.