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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE) -- Ignore unavailable to you. Want to Upgrade?

To: Don Earl who wrote (10909)	5/11/1998 10:44:00 AM
From: bob yahnke	Read Replies (1) \| Respond to of 14577

Hi Don, That web site is designed to find options that will most likely expire worthless at expiration. This is how I make a living by selling these options ( covered and uncovered). I've been telling everyone on this thread to sell calls into strength on this stock (S3) for the last 8 months. You could have easily sold the Jan, Apr. 7 1/2 calls for 1 1/2 each and the Jul's for 1 which would be like selling your stock at 11 1/2, a point where I don't see this stock trading at for who knows how long. Now that's what I call "return on investment"! As far as manipulation goes it is illegal and very easy to spot. Think about it. Somebody would have to be long or short the majority of the open interest of the option and then try to control the stock in their favor. Virtually impossible unless you have a very small float on a stock and then you would be caught trying to manipulate the stock. It's not worth the risk for anyone. Hope this helps.