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Technology Stocks : Vantive Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Trader Dave who wrote (1831)	4/16/1998 11:32:00 AM
From: Melissa McAuliffe	Respond to of 3033

TD, I would be really surprised to see this stock break 30 and stay down. I don't actually think it will go below 33. Though if I could make these predictions with any degree of accuracy I'd be very rich by now. But I am confused by your statement that if it breaks 30 and stays down calls might be worth it. I would think the exact opposite but it's possible I am misunderstanding what you said. I was actually thinking of the May 35's or 40's. Either of these has less premium in it than the May 30's. I noticed there were 290 May 40's traded today. Someone must like these since these were the ones with the heavy trading last week. Melissa