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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?

To: marvin smith who wrote (8788)6/16/1998 8:25:00 PM
From: RMP  Respond to of 26039
 
Haven't looked at calls for a while. If there isn't much of a premium it might be a good move. If the move down is in anticipation of bad earning we may just have all the negatives factored in.

I went against my better judgement and bought some more idx this am.




To: marvin smith who wrote (8788)6/16/1998 9:12:00 PM
From: Buck  Read Replies (2) | Respond to of 26039
 
Marvin, I would say that as long as people are talking about buying calls the stock will continue to tank. The fact is this stock has just broke a major resistance level down. Couple no major news and it spells more trouble. Ascom selling 600,000 still out-weighs the paulty buys I have seen to date. No more marbles coming from this side of the table!



To: marvin smith who wrote (8788)6/17/1998 10:30:00 AM
From: Rob C.  Read Replies (2) | Respond to of 26039
 
Marvin,

Selling calls is the only thing you should be thinking about....if we break five, we are all going to IDX headquarters and tearing Randy a new A$$HOLE.

I would'nt think about buying calls until IDX technically bottoms, which doesn't look too promising right now.

Regards,

Rob

PS I think five may be the bottom, I stress the MAY here.


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