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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Art Bechhoefer who wrote (25881)	5/20/2004 4:21:08 PM
From: limtex	Read Replies (1) \| Respond to of 60323

AB - Somone over on zevv ihub just before last earnings noticed that there had been huge buying of May $30 puts. Who ever that was their decision was an absolute inspiration in fact so inspired was it that it was almost miraculous. Now I don't believe in miracles these days so I figure it was something else. My guess is that it was part of a planned strategy probably by one or more big institutional holders. Anyway tomorrow the puts expeire and they ahve made an aboslute fortune in just over a month. and we are now coming up to earnings again and the puts will have expired and so we will have to see what the next move is. Best, L