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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: akidron who wrote (10339)	4/20/1998 7:32:00 PM
From: Steve E. Boney	Read Replies (1) \| Respond to of 14631

What is the significance of MAY 7.5 calls for those of us who don't do options? Thanx for the help! Steve

To: akidron who wrote (10339)	4/22/1998 12:42:00 PM
From: Dave Wulkan	Read Replies (1) \| Respond to of 14631

Akidron, I was watching the May 7 1/2 calls too, and was thinking IFMX would have a dip about a week or two before earnings release. I think it did drop to 8 1/8 on April 16, but I was not sure that was enough of a drop (also, I didn't feel the calls dropped correspondingly) and subsequently missed the latest surge. What were you looking for when you made the determination to buy your calls? Do you also do puts (or sell calls)? If so, how do you determine when to place your bet? thanx, Still learning! davew