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Technology Stocks : PROGRAMMER'S PARADISE (PROG) -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (69)1/10/1999 11:35:00 AM
From: Tony van Werkhooven  Read Replies (2) | Respond to of 2383
 
Zeev- can you explain your reference to "SOES people"

By the way, I don't remember you being more enthusiastic about any other stock.

Thanks
Tony



To: Zeev Hed who wrote (69)1/10/1999 11:39:00 AM
From: Bruce A. Thompson  Respond to of 2383
 
Zeev,

I've read that the SOES people make thier biggest killing when the spreads are 3/8 or bigger because they can get between them. I just looked at a few spreads.

PROG 3/8
AMZN 1/4 (CLOSED UP $1 1/4 BUT DOWN $39 FROM DAY'S HIGH)
EGGS 1/16 (LOW $20'S RIGHT NOW)
AOL 1.00

I read it to be the MMs are trying to cool buying in PROG and AOL but that's probably just my powerful grasp of the obvious.<GGG>

Bruce


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