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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: bob zagorin who wrote (12340)	11/13/1998 12:57:00 PM
From: Sycamore	Read Replies (1) \| Respond to of 14631

<<Any opinions on whether the options writers will want the stock to close closer to $5.>> When a reiteration of "BUY" recommendation from a knowlegeable firm can't move the stock the likelihood of that happening becomes more of a possibility. But it really depends on who writes the bulk of it. If it's the MMs or somebody with enough clout to control it then yeah the price will probably close around $5. Unless of course some solid news is announced. On the other hand if they are buyers of calls then we may get a different result. Guess we just have to wait and see. sycamore