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To: The Ox who wrote (14186)1/11/2001 2:17:53 PM
From: SJS  Respond to of 14427
 
Yes, it's a page 1 stock, although I sold it out last year for a small tax loss. My take is....not yet for me. I'll own some through FWRLX (Fidelity's Wireless Fund) but not yet directly.

I think what you're seeing today is more short covering, and with options expiration 1 week away, some of the put strikes that are long shots (ie very little chance of assignment.....) are being "covered" by MM, ie...they are starting to buy back short stock is a measured way for PUTS that have no chance of being assigned.

You're all see first "glimpses" of strike price attractor ( Maxpain®), I call it the "gravity-well" priciple.

However, I must add that this feels just great. Enjoying every minute of a multiday day greenfest.

Steve