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Technology Stocks : ZOMX - Zomax, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: gofrank150 who wrote (266)10/15/1999 5:01:00 PM
From: Colin Cody  Respond to of 322
 
Chris, Yes, never under estimate the power of option expirations :-)

I'd say it's a gimme that the Oct 35s will go begging for buyers tomorrow and while option pressure could pull the stock down to $30, I SUSPECT that bargain hunters, coupled with a strong up-day on Friday will move us to a $35.25 close. #reply-11551944

We went TO THE PENNY, my prediction for $30.00 today, option expiration day, followed by a rise to $35.37 just a few minutes before the close, and then we closed with a quote of $34.93 by $35.00 RIGHT ON THE DOT the price of option expirations!

It doesn't always work out this beautifully, but when the stars aline with mars ;-)

Colin