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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?

To: Baldwin who wrote (5952)	8/26/1999 12:35:00 PM
From: Just_Observing	Respond to of 7342

Sorry, I assumed that a scramble meant a willingness to buy aggressively which indicates an upside pressure. My mistake in attributing wrong meaning to your words. BTW, the calls are depreciating quickly now. The Sept 65s are 2 9/16 to 2 15/16. Earlier in the day, they were at this level when the stock was near the low of the day. The lowest trade for the 65s has been 2 5/8. They are also taking the premium out of the 60 calls which are now only 5 1/2 bid. When the stock was at 63 earlier, this option was 5 7/8 bid. Of course, the volatility in the stock is also diminishing and that may be having an effect on the options pricing.