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To: OtherChap who wrote (19648)10/2/1998 1:51:00 PM
From: M. Frank Greiffenstein  Respond to of 164684
 
Concerned enough to sell my puts...

OC, when I saw the Bearn Stearns thing, I placed a sell order for the open, sold all my Jan110 puts and some of my Jan100 puts for a small profit. The "fix is in" for the short term. I'll just wait a few days and see what trend develops.

It is no conincidence that Bearn Stearns issued a buy on the same day that Jungalee officers could sell their shares. We have to wait for the Form 144s and 4's to see who sold the shares for Jungalee.

DocStone



To: OtherChap who wrote (19648)10/2/1998 1:51:00 PM
From: craig crawford  Respond to of 164684
 
I'm still waiting for you to tell me when that AMZN conference call is supposed to start!



To: OtherChap who wrote (19648)10/2/1998 2:19:00 PM
From: Jay8088  Read Replies (1) | Respond to of 164684
 
Exactly the same thing I noticed, OC. Put prices are climbing. I wonder why....



To: OtherChap who wrote (19648)10/2/1998 3:22:00 PM
From: Jay8088  Read Replies (3) | Respond to of 164684
 
Both AMZN and YHOO hourly charts look very similar. Seems to me they are forming a H&S formation with well defined neckline ( 100 for AMZN and 113 for YHOO ).

iqc.com

iqc.com

While YHOO and AMZN are rallying on Bear Stearn's cheerleading, put option premium keeps on rising. Do you think Vinik & Co's are upto something? ;)