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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?

To: Buck who wrote (5582)	12/6/1997 11:26:00 AM
From: g.w. barnard	Respond to of 26039

buck, i did the same as rob (sold the dec 10 covered calls) expecting for the push to begin after xmas. may be wrong and get em all called but thats ok i will repurchase with re-ajusted basis and sell more covered calls on a jan run. i hope we are finally seeing the push, i sure feel that way but you never know about the hurd. gw

To: Buck who wrote (5582)	12/7/1997 12:28:00 AM
From: Night Writer	Respond to of 26039

Buck, Selling March 12.5 puts at 2 3/16 looks like a better play then selling covered calls st this point. At the worst you close with added shares at a net of about 10 1/4 depending on commissions. At the best IDX is above 12.5 and you pocket the profit. Unless you think stock is going to crater. Remember you sell at the bid and buy at the ask. 10 heavy buy or sell by someone. Looks like they might be buying insurance, or someone thinks IDX is due for a jump. But, I don't follow this option. NW IDENTIX INC. 2 3/ 8 - 1/ 4 (.IDXOV ) Dec 6, 1997 @ 23:08 (Data 20 Minutes Delayed) Last Sale 2 3/ 8 Tick Down Time of Last Sale 12/05 Exchange of Last Sale American Net Change - 1/ 4 Previous Close 2 5/ 8 Percent Change - 9.52Open 2 9/16 High 2 9/16 Low 2 3/ 8 Bid 2 3/16 Ask 2 9/16 Size of Last Sale 10 Volume 30 Open Interest 531