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Technology Stocks : Echelon Corporation (ELON) -- Ignore unavailable to you. Want to Upgrade?

To: plow guy who wrote (2322)	6/14/2000 4:19:00 PM
From: ahhaha	Read Replies (2) \| Respond to of 3076

The tail does not wag the dog. You are suggesting that 650 options, possibly influencing 65k shares, is enough to change the stock price. It might, 1/4 point. Today the stock traded 422,000 shares. How is 14% of one day's trading going to influence price outside of the portion expiring each month? You will find that the net price action of exercise even 1 hour before expiration has a net effect of zero. This is never a material consideration for any action, option or otherwise. A price of 70 has no consequence. The best thing you can do is cease any further fiddling with or learning about options. If you don't, you'll just end up committing financial suicide.