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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Chris McConnel who wrote (15196)3/20/1998 4:12:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
What I find odd, is this drop on CPQ don't seem to be shaking
the DEC people out of their positions as much as one would think,
I'm guessing if you see DEC take a big hit, then you'll see CPQ
strart up..some how this must be tied to the merger. Dec ran up
to much on the deal..so those speculators will get some cheaper
CPQ paper to crow about. Today sure fooled me as I thought they
would go after the 25 call/put bundle..instead they are giving
a big bundle to the 25 to 30 puts,..

Well it'd late and she has come off her lows but it a weak
rally at best, got a gut feeling she ain't going any were
much up until some DEC share holders get much more nervious,
if Dec don't fall it seems then they know something I don't.
Jim