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Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?

To: Simon K. who wrote (3872)	5/18/1998 11:59:00 PM
From: AlienTech	Respond to of 6317

Simon, I dont like the put action, but it could also be some fund tryign to protect their profits. It can also mean that someone got wind of a fund getting out and bough the puts as a short term play. So they might be keeping it only for a few days. But I also noticed heavy call buying as well. The next few days will tell. I was very tempted to buy around 39 and definetely around 38 but it fell so fast that I got nervous and didnt get back in like I was planning. I might tomorrow if it looks stable. Today someone had some large bids on the ask in the 38-39 area which didnt look too good.