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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Sharkey who wrote (28093)11/16/2000 8:54:29 PM
From: RDR  Respond to of 29386
 
IMHO,
A lot depends on how the open interest on the CALLS and PUTS sit after the close today. Based on the trades today more CALLS were bought than PUTs, so lookout for quick downward move before the day ends. Noticed today all day Merrill and Lehman were on the SELL side with 1000 share lots!!!

OT: Check EMLX..another one going to experience some selling pressure, now that the split and increase in shares has been approved by the shareholders!!!