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Technology Stocks : CRUS, good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Walt who wrote (5629)4/21/1998 4:39:00 PM
From: Ronald Allen  Read Replies (1) | Respond to of 8193
 
Another good day. Call option buying still strong with 974 contracts. Only 158 puts purchased and of these only a few for the May options. Also, the premiums for the put options do not indicate any bad news coming. Plus, CRUS closed nicely above its 50 day moving average line.

Now all we need is the official good news from the company. If they come through, we should see a nice run up on Thursday.

ron