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


To: Liam who wrote (26251)5/16/1998 10:34:00 AM
From: J. P.  Read Replies (1) | Respond to of 97611
 
Liam, don't you think Dell's price action over the last 2 days
has anything at all to do with options expiration?

Is it a coincidence that all puts and calls expired worthless?
I don't know the exact mechanics of how that works but
I think market makers can use their own inventory of stocks
to move the markets in conjunction with the natural covering
and exercising of puts and calls around the heaviest open
interest levels.

I think if Dell reports good #'s along with a FOMC no hike and
a resolution of MSFT vs. DOJ, we can see a pop in Dell stock
next week.

I'm long CPQ also, but I think that is more of a 20K run than the
100 meter sprint that DELL is.



To: Liam who wrote (26251)5/16/1998 12:07:00 PM
From: Wowzer  Respond to of 97611
 
It was a joke, so take a deep breath and relax.