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 : Netscape - the REAL blockbuster? -- Ignore unavailable to you. Want to Upgrade?

To: Gloria G who wrote (70)	7/9/1998 10:18:00 PM
From: Bill Haines	Read Replies (1) \| Respond to of 137

My estimate of open July calls indicates that 3.8 million shares are on options less than $30, 3.4 million shares at $30, 1.8 million shares at $35 and 4.2 million shares at $40. If these options are exercised and held it will cause the exact opposite reaction to what you suggest. So while it is possible that the stock may go to 30 next week the large option interest may instead propel the stock much higher.

To: Gloria G who wrote (70)	7/10/1998 1:05:00 AM
From: James Young	Respond to of 137

Gloria - Can you elaborate on this? Thanks in advance.

To: Gloria G who wrote (70)	7/10/1998 4:49:00 PM
From: Moneysmith	Respond to of 137

The open interest on Netscape July calls is extraordinary. However I do not get your logic on the necessity of a price drop by expiry being a consequence. The large positions spell "institutional interest" and I suspect that a considerable number of shares will move to that group upon exercise. I have bought this stock because I believe that management are not so stupid to realize that they must act to ally themselves with a Time Warner and soon. Netscape is probably on a number of radar screens at this time as a target.