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To: doug doan who wrote (1504)2/10/1998 5:13:00 PM
From: the Druid  Read Replies (2) | Respond to of 164684
 
Wildly priced? I am looking at a possible run to 70
this week.



To: doug doan who wrote (1504)2/10/1998 5:23:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 164684
 
Doug,

Why do you think the insiders will sell soon?

Not that I wouldn't mind seeing it, at least that would make the squeezed more expensive for the MMs.

There is some speculation that insiders sold $40 calls expiring in a few months. OTOH this may just be naked calls from would-be shorters since shares are sort of hard to come by.

BTW - Where what broker gave you shares to short? If it was E*Trade it is a pretty bad sign!