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To: marc chatman who wrote (15106)3/17/1998 3:32:00 PM
From: Barry Wisnevitz  Respond to of 95453
 
Has anyone noticed the options activity lately with Baker Hughes? It is the only service company that is showing some strength today. Does anyone think it is merger talk? 5,000 +/- options in July 37.50, and on Friday there were 2,065 April 45's, which were more than the open interest. (CALLS) This translates into over $2 million in option activity.