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To: John Graybill who wrote (47136)7/14/1999 4:26:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 53903
 
John, Syd thank you both. The record might be bad, but the tendency to even out their position will possibly act as a counter balance (until they can sell enough $60 plus call, or a bunch of out of the money puts.

Zeev



To: John Graybill who wrote (47136)7/16/1999 2:36:00 PM
From: John Graybill  Read Replies (2) | Respond to of 53903
 
Hey, the price hasn't been flatline at a strike price today. What the heck is going on!?

The first break of 54 today unleashed a torrent of selling that took it straight to 53 1/2, which looks like the favorite price since then.


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