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To: fut_trade who wrote (5106)12/28/1997 2:27:00 PM
From: LRS  Respond to of 27307
 
Peter...

I am still keeping my eye on the option activity. Check out the 750 Jan 40 calls at about $26 each. Buying? Selling? It was the volume for the 26th. Do the big guys know something we don't? They can't be buying these. Why are they selling since January's earnings numbers are going to be so awesome?

More...
250 Jan 45 calls at $20.



To: fut_trade who wrote (5106)12/28/1997 3:00:00 PM
From: Mama Bear  Read Replies (2) | Respond to of 27307
 
Yeah, yeah, yeah. I seem to remember hearing somewhere that because Amerindo owned 25% of Avant! at 22 1/2, and because Fidelity had a large stake, it couldn't go down, or at least go lower than 22 1/2. Avant! closed at 17 11/16 Friday.

Barb!


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