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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Podsiadlik who wrote (2678)	9/7/1998 12:45:00 PM
From: John Rowton	Read Replies (1) \| Respond to of 18998

I was totally not clear in what I was trying to state. Here goes again: the price of the Oct25 call was lowered only 1/8 to 1/4 when the stock fell from 22 1/2 to 18 5/8. As for the volume, look at www.tradepbs.com as they will show a totally different volume on FP options. When it was caving the 4 points, my broker paged me about the calls, I was looking to short but the call activity bothered me. Also, the stock was down from 29 to eventually 20 and I wondered about a short squeeze and maybe the short had already run its course.