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To: E_K_S who wrote (7892)2/24/1998 11:49:00 AM
From: Ben Antanaitis  Respond to of 64865
 
Eric,

Along with Addi, et al, on this thread, Cramer is also advocating a 'duck and cover' strategy for most of the hi-tech stocks for the end of this quarter. Today's action could be 'insurance' purchases for the end of the quarter and waiting to see if Scott M. really hits BG with a cream pie at the hearings... :-) or in court later this week.

Ben A.



To: E_K_S who wrote (7892)2/24/1998 1:02:00 PM
From: Carl Wysocki  Respond to of 64865
 
Eric, I wouldn't read too much into these tea leaves. The April
45 puts traded over 1000 contracts, so this looks like it's just
a roll out in time. Could be bullish, could be bearish from
that traders perspective.

Carl