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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Jake0302 who wrote (26110)	7/15/1999 1:19:00 PM
From: Tom Bunge	Read Replies (1) \| Respond to of 74651

Jake, your post, in connection with Open Interest is intriguing me. I note (around 11 am) call 211,000 and puts 92,000 all-together for July. Can this be big enough, relative to today - perhaps tomorrow's - rather massive volume, to exert a significant influence on the stock; and how? ... if you are willing to bear with me! Another way to put it, why wouldn't the phenomenom show up in a similar manner with any other stock (I imagine there is a fair number of calls on Qcom or Dell, which does not prevent them from running higher)? . Thanks for your comments, as well as yesterday's - Cheers