Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ANANT who wrote (2620)	6/16/1998 5:46:00 PM
From: Anthony Wong	Respond to of 11568

From today's Dow Jones Options Report: The institutional trader sitting on a massive bull spread on MCI Communications probably breathed an enormous sigh of relief today as the stock moved into his profit zone. The stock moved against the position Monday, but its now up 13/16 at 51 3/8, 3 points away from its 52-week high. The trader appears poised to keep riding this position because there's no activity in the either part of the July 50 and 55 spread. Confidence about MCI's merger with Worldcom Inc. also is increasing.