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


To: PRO TECH who wrote (11622)3/26/1998 12:40:00 AM
From: DanZ  Respond to of 12298
 
Komag traded at 14, down 1 5/8 in after hours trading. I'm not sure what effect this will have on APM tomorrow morning, if any, but it will probably pressure the stock. The shorts are all over this stock on every up tick and until they go away, the stock will probably have a hard time sustaining a rally. There has been more demand in the middle 10 area and that's where I would buy the stock.

Dan



To: PRO TECH who wrote (11622)3/26/1998 10:09:00 AM
From: Dave Chanoux  Read Replies (3) | Respond to of 12298
 
ProTech, can you help me with this stuff? What do you mean by a closing transaction? If someone is selling puts, doesn't it follow that someone else is buying them? (That wasn't supposed to sound that stupid).

Can anybody write in a few words the rational behind buying or selling puts as to how they relate to other transactions - like buy shares and sell puts to hedge if you expect a rise - is this something someone would do?

Thanks,

Dave Chanoux