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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (26108)	10/9/2000 9:46:21 PM
From: LLCF	Respond to of 436258

<I disagree. The old buywriters are already out of the game. No way they are so stupid as to wait for INTC to get to $40. > We agree to disagree... don't underestimate the clowns... when was INTC @ say $40-50 last [just in the spring!]... there are certainly folks who still have the 40-60's buywrites on from last spring!!... most buywriters are institutions, they don't flip out of those things lightly... and they DONT spend the coin to take these things off if they don't have to... they let 'em expire. Not to say that there aren't also individuals buying some, check the TOS and look for the mombo blocks, these are are institutional clients unwinding IMO. DAK