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Technology Stocks : Silicon Graphics, Inc. (SGI) -- Ignore unavailable to you. Want to Upgrade?


To: dd who wrote (3845)12/20/1997 1:15:00 PM
From: Mathon Dabasir  Read Replies (2) | Respond to of 14451
 
dd, thanks for the institutional holdings update. Very interesting.

<imho> 18% increase bodes -well- for SGI, currently beaten down to its five year low. Makings of a strong base here? Don't know for sure. Who does?? You gotta like the rotation however.

Another interesting observation dd. Check-out the PUT/CALL ratio on this "dead cat". It was 10-to-1 yesterday across the board: DEC, JAN & FEB contracts. Over -2100- JAN 12 1/2's PUTs vs. -200- CALLs sold. What do you make of that??? <btw> The JAN 12 1/2 CALLs are very rich.

Mathon