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Non-Tech : RAINFOREST CAFE -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Vail who wrote (3784)1/9/1998
From: Mike Naiditch  Respond to of 4704
 
Options Update (Buyback info)

Goldman Sachs sold thousands of May and Aug 17 1/2 puts.

Most likely, the customer was RFC, continuing their strategy of shorting puts as a means of share repurchase.

Mike Naiditch
Tower Trading DPM
Primary Market Maker in RAIN options on the CBOE
towertrading.com



To: Dennis Vail who wrote (3784)1/9/1998 7:27:00 AM
From: John Carragher  Read Replies (1) | Respond to of 4704
 
Dennis How much do you think Berman lost in this 40% drop? He may not have paid much attention to rain ,however, maybe he will in the future. John


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