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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (1844)	6/12/2000 12:46:00 PM
From: Mark Z	Read Replies (2) \| Respond to of 10876

What kind of NOK calls? Long term, short term, ITM, ATM, OTM??? Enquiring minds want to know...also, where is 'here'? No location on your profile! I took out the retrievers' leashes and they're going bonkers. Now I have to go...

To: Jill who wrote (1844)	6/27/2000 2:41:00 PM
From: Mark Z	Read Replies (1) \| Respond to of 10876

From Thompson I-Watch...first sign of strength, I'm adding. NOK -- Wireless Comm -- Technology 27-Jun-00 11:59:00 The ADRs of Nokia have drifted lower again today, mirroring the losses of the shares traded on the London exchange. During the last week, NOK has given up 14% on rumors that the company will make a bid for Qualcomm (QCOM). The stock is now looking for support in the low $50s, which is consistent with the stock's trading pattern over the past 3 months. Today, volume is on par with average levels, with 8 million shares exchanged compared to the daily average of 11.6 million shares. However, block trade volume is heightened, suggesting that institutional investors are driving the market. Block transactions are related to about 64% of total activity. The I-Watch pre-trade data indicates that growth investors are interested in acquiring shares, despite NOK's recent weakness. The bidders have pushed the stock off its intra-day low of $51 1/16 and into positive territory, albeit briefly. However, the I-Watch reported trade data reveals that brokers continue to report more sell trades than buy transactions, keeping NOK under pressure. While the stock will likely remain underwater today, continued institutional support will mitigate the losses.