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

To: FR1 who wrote (31275)	8/19/1998 10:33:00 PM
From: Night Writer	Respond to of 97611

Franz, Yes it is interesting to watch. Last month one could and many did get rich owning compaq calls. It appeared to me that the MMs were owners and not sellers. This month I have to wonder if people aren't selling because they can finally take a profit, and the MMs are selling to protect the options. They sold calls rather then buying. The combined selling is driving the price down. Bottom line, I think we will close under $35 Friday. Watch for a rally next week. All IMHO, NW