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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (35462)9/19/2000 7:25:15 PM
From: Steven Finkel  Read Replies (2) | Respond to of 57584
 
Can anyone offer a little input on this one?

Yesterday, I felt as several seem too, that EFCX was a good short. SO.. Instead of shorting, I bought an october 12.50 put when the stock was at 13 5/8, paying 1 7/8) at the time. Since then, the stock is down 1 3/16 (close to 10%) to 12 7/16 (in one day), yet the put has DROPPED to 1 5/16 with a 1 9/16 ask. Can anyone help me understand why?



To: Rande Is who wrote (35462)9/19/2000 8:57:50 PM
From: J.R.S.  Respond to of 57584
 
ISLD... Rande nice call. Late day volume, along with after hours trading was very strong.



To: Rande Is who wrote (35462)9/19/2000 9:20:49 PM
From: Frederick Langford  Respond to of 57584
 
FDRY
Message 14410888

A short while later:

...at the SG Cowen conference, FDRY says that it is comfortable with consensus estimates of $0.20 EPS and $100 mln in revenues.

Chart looks good

askresearch.com

Fred


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