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Technology Stocks : XLA or SCF from Mass. to Burmuda -- Ignore unavailable to you. Want to Upgrade?

To: allen menglin chen who wrote (729)9/5/2000 1:07:31 PM
From: Scott Bergquist  Read Replies (2) | Respond to of 1116
 
AMEX specialist usually buys at open. Approx 100k purchased at opening. There must be a lot of pressure to the upside, held over from the Cisco announcement 8-28.

Options are almost without premium for the 17 1/2 calls..even the October call! Almost no put buying...huge differential. That should have warned shortsellers.



To: allen menglin chen who wrote (729)9/5/2000 2:05:21 PM
From: Tom Hua  Read Replies (1) | Respond to of 1116
 
Allen, I'm out of my long position on this run.

Regards,

Tom


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