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Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?

To: LiveWire who wrote (4425)	8/5/1998 3:19:00 PM
From: patroller	Respond to of 6317

I think that the stock snaps back hard soon as the seller leaves cause the shorts got to cover ,remember theirs nothing amiss at jabil.patroller

To: LiveWire who wrote (4425)	8/5/1998 4:27:00 PM
From: Asymmetric	Respond to of 6317

Steven, I personally wouldn't buy August call options. Today is already August 5th. Many professional option players will be looking to roll over their option positions from August to Sept next week, if they are not already positioning themselves right now. By rolling over, I mean selling the August calls and buying the equivalent strike price in September. So not only do you have time against you (ie August expiration), but you also have supply against you as option players holding the call position seek to reclaim whatever premium they can and roll it over to the next month. As Iacastra says, Just my opinion. Good luck. Peter.