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Technology Stocks : INVX Innovex Comdex Winner !! -- Ignore unavailable to you. Want to Upgrade?

To: Mark Oliver who wrote (2488)	5/22/1998 4:23:00 PM
From: Randy Tidd	Read Replies (1) \| Respond to of 3029

Mark - Thanks for the info, very helpful. I have actually dabbled in options but only with buying calls so far. No writing options for me until I understand it fully. I've been considering buying calls on INVX because I think the stock is quite undervalued and is a candidate for a sharp rise if some negative sentiment changes. But I'm at a loss to explain the downward pressure on the stock recently, particularly today, as it traded below 20 briefly. I see there's some volume in both puts and calls at the money for June and July, and a little bit on the November calls. I was thinking of the November 20's or 22.5's so I could get two earnings announcements in. But I want to wait a bit longer and see the stock exhibit some strength first. Randy