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Technology Stocks : Gateway (GTW) -- Ignore unavailable to you. Want to Upgrade?

To: Estimated Prophet who wrote (6668)	9/16/1998 10:11:00 AM
From: Greg Jung	Read Replies (1) \| Respond to of 8002

EP, it is option expiration week: Gateway has a ton of open interest in both puts and calls distributed from strikes $40-$60. Highest single OI number, is at: (guess where. Hint: Where stock has risen to and will be stuck nearby for remainder of the week). Trading is relatively thin and price is responsive to the stock pushers and the option interest. Empirically the theory of maximum pain applies when nothing else substantial exists to move stock price. By definition the price has to go somewhere, everyday. Otherwise they wouldn't be earning their keep at NYSE, would they? Greg