Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Muzzy who wrote (78555)	12/14/1999 5:16:00 PM
From: Nathan	Read Replies (1) \| Respond to of 90042

Did you all see the news released after the bell on yahoo? CS is talking about spinning off "Aprisma" which is the new name for "Spectrum". Interesting.

To: Muzzy who wrote (78555)	12/14/1999 5:17:00 PM
From: Ben Sanford	Respond to of 90042

I was loaded on CS last Friday, but got excited and added more today. Hope it goes soon, and then I can buy more NN Ben

To: Muzzy who wrote (78555)	12/14/1999 5:22:00 PM
From: R.E.B.	Read Replies (2) \| Respond to of 90042

Based on that options trade I saw, I'd say that something's going on with CS tomorrow. You just don't go out and spend money on an option that is $5 away when you only have 2 days (don't count Friday) to trade them for a profit. A profit means the stock needs to get above $30.25 (basically). Generally speaking, a company will avoid a release of BIG NEWS on a Friday options day, even more so when its triple witching friday. The only other explanation for the Dec. 30 options purchase is that the options buyer is not up to speed on implied volitility and time value..... especially when CS only moves $2 in a week at the most, and we've already moved $1.50 of that so far just to get to $25. A final theory would be pure speculation. But I have found that speculation may envolve 10, 20 or 30 contracts at most, not 108!