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Technology Stocks : Applied Magnetics Corp -- Ignore unavailable to you. Want to Upgrade?


To: Donald Isenhower who wrote (11475)3/17/1998 12:12:00 PM
From: Spots  Respond to of 12298
 
I'm not buying now either, for virtually the same reasons.
At least I know what I don't understand, for once (a new
intellectual high point).

The trouble with the pops at option expiration is that
there has to be no other news or the effect gets buried.
Or else there has to be tremendous open interest.
Also you have to figure where the option parity is so
you don't plan on a pop to 12.5 then get a pop to 10 <g>.

Looks like techs are getting beat up today, DDs included.