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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: J L Segal who wrote (11568)12/3/1998 6:27:00 PM
From: marvin smith  Read Replies (1) | Respond to of 26039
 
Jl Option activity up again today. Do you think some are doing this in case of an announcement at the safecard show next week. IDT is there. Marvin



To: J L Segal who wrote (11568)12/4/1998 8:56:00 AM
From: Rob C.  Read Replies (1) | Respond to of 26039
 
JL,

IMO If we get a gap up in IDX, the option's specialist will be able to sell those Dec. 12.5 calls to some sucker for 1/4. He won't let you or I sell them.

I have that game too many times.

BTW I am long CKFR 10,000 shares, look at the performance vs. IDX from the lows. Today the market will resume it's treck to 10,000 and beyond. A shame the way that IDX has performed during the longest and most profitable bull market in history. The show is not over yet, but if I hadn't diversified and fell out of love and lust with IDX, I would be on a plane to IDX to kick the $hit out of Randy.

Regards,

Rob