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To: Mr.Manners who wrote (63)3/25/1998 7:23:00 AM
From: donald sew  Read Replies (2) | Respond to of 245
 
Hi Kasha,

Shoot, I initiated a small position of PUTS on WFC before I heard of the rumor.

Technically, WFC showed weakness in light of the BANKs and the overall market running so hard yesterday. But if this strength continues, WFC will probably continue up with the help of this rumor.

335-340 is a very strong resistance level and the 350 high was only an intraday occurance. If WFC breaks 340, bye-bye to my puts.

Seeya