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.

Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: gbh who wrote (17871)	3/10/2000 1:41:00 PM
From: Michael M	Read Replies (1) \| Respond to of 18016

Good points, Gary. I bought in the money NN calls this morning with generous lead time. Paid less than $2 premium over current NN quote -- better than $2 advantage if the current NN price is calculated in accord with stated exchange rate for NN/ALA shares. Sold all my NN shares at the same time for $36 even. Have cash -- looking for mischief :-) Mike

To: gbh who wrote (17871)	3/10/2000 4:23:00 PM
From: Bill Hermesmann	Read Replies (1) \| Respond to of 18016

Someone "bought" and someone "sold" on every transaction or is that too elementary a concept? The only thing I've found (during my professional days :-) ) to have a reasonable degree of predictability with options and the underlying stock is that large "blocks" of deep in the money calls are bullish and large "blocks" of deep in the money puts are bearish for the near term future of the stock price. Also, large volume in out of the money calls (cheap price) is bearish. Perhaps the game has altered now with all the online trading.