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


To: epicure who wrote (32065)11/6/1999 12:40:00 AM
From: Bill Wexler  Read Replies (1) | Respond to of 74651
 
Unlikely that the majority of that volume were call buyers. I would venture to guess that many investors sold covered calls and there was some naked call selling as well.

Judging from the nonstop negative chatter, I have to conclude that a lot of small fry were gaming this one short.

They're wrong.

I'm sticking by my original assertion. This is a major buying opportunity.