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


To: Berney who wrote (25599)8/25/1998 6:54:00 PM
From: helkel  Read Replies (1) | Respond to of 36349
 
I'm showing the 2000 jan 15 puts sold at 4.5 (at the bid) at 3:11. This to me seems that someone is bullish on the stock. That's a $900k bet if they don't know something. I cant get the time & price on the (i bet) 2000 corresponding buy on the jan 15 calls. if anyone can, check to see if they were bought at the ask (bullish).
whether or not we are at a bottom is anyones call. the chart looks like dog pooh and many who are calling it have said it before.
I never thought we would be in the 10's, but we have been there and done that.
we'll see and good luck
hk



To: Berney who wrote (25599)8/25/1998 8:28:00 PM
From: margin_man  Respond to of 36349
 
Berney,

It looks like straddle positions to me. If PAIR moves one way
or another, that person/institution is going make some $$$$$.

Patriot