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To: rupert1 who wrote (2844)8/3/1998 4:04:00 PM
From: AlienTech  Respond to of 5232
 
Yes I would definetely be looking to buy some AUG 30 calls at this point. Just cause the option specialists will use any excuse to push the price back up to 35 and if possible to 40 so they dont loose out so much on the puts. Just too many puts in the money at this point worth quite a bit of money and I dont think they were able to short enough before the sudden drop for them to have covered it..



To: rupert1 who wrote (2844)8/3/1998 4:09:00 PM
From: reba kenith  Read Replies (1) | Respond to of 5232
 
vepoc,

can you elaborate on the nature of the 8th meeting? was it analyst meeting or shareholder meeting? when was it scheduled?



To: rupert1 who wrote (2844)8/3/1998 4:11:00 PM
From: BostonView  Read Replies (1) | Respond to of 5232
 
Victor, I've heard what amounts to rumor over the years of CA's (read Wang's) disdain for Wall Street. Without getting into the reasons why, suffice it to say CA (read Wang) has experienced great joy over the past many years proving the bozo's on Wall Street wrong, especially during those times when the heard mentality leads to an unwarranted or overdone sell-off.

The lower it drops the more CA (you know who) will do just to make them look foolish. The gloves are off, the stock is getting positively trounced, and you can bet this whole mess won't be taken lying down in Islandia.

I started nibbling today...

BV