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Technology Stocks : BAY Ntwks (under House) -- Ignore unavailable to you. Want to Upgrade?


To: luther yow who wrote (5418)4/17/1998 7:01:00 PM
From: Mang Cheng  Read Replies (1) | Respond to of 6980
 
Luther, the first act of BAY played out exactely as I scripted out for it last night (see #5368)

I almost put money where my mouth is by trying to purchase the May25 calls at 50 cents this morning. All of a sudden BAY just started to shoot up from $22+ to $24 and ran away from me (most likely due to panic short coverings) and the calls went as high as $1 !! So I called it quit for the day without purchasing anything.

I'll let this falling knive settles a bit first before buying. I'll definitely do something next week.

Mang