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To: craig crawford who wrote (17486)6/16/1998 2:31:00 PM
From: joe  Respond to of 45548
 


>>No reason to sell the options right now. Still got time.<<

That's what I meant all along.

>> I hate it when people start talking about active call buying.<<

Why's that? I was just wondering what's going on.
Then afterwards, I realized it could be because of the speculation on the network mergers. But, I don't know for sure, just thought
maybe someone might have an idea.

>>Usually the call buyers are wrong and the stock drops.<<

Sounds like you read the call action correctly, so you knew
what to do.



To: craig crawford who wrote (17486)6/16/1998 2:51:00 PM
From: joe  Respond to of 45548
 
I rewrote my post, and just missed my 15 min. window.
----------------------------------------------------------

>>No reason to sell the options right now. Still got time.<<

That's what I meant all along.

>> I hate it when people start talking about active call buying.<<

Why's that? I was just wondering what's going on.
Then afterwards, I realized it could be because of the speculation on the network mergers. But, I don't know for sure, just thought
maybe someone might have an idea.

I would think that it does mean something. If it's
possible to decipher is another question. But, something
caused heavy volume. And if it is speculators, what
caused their huge reaction?

>>Usually the call buyers are wrong and the stock drops.<<

Is it the 'call buyers' are wrong, or is it the people
who buy the stock seeing the price rise due to 'call buyers'?
After 'call buyers' slow down, volume drops, and price
drops to it's previous level...usually...I think that's
what your saying.

Sounds like you read the call action correctly, so you knew
what to do.