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Technology Stocks : UCOMA UnitedGlobalCom -- Ignore unavailable to you. Want to Upgrade?

To: Art M who wrote (40)	1/30/1999 6:09:00 PM
From: steve host	Read Replies (1) \| Respond to of 489

Art - nice move with those calls - seems like you doubled your money already - I can't explain the pricing on the options they are moving up no matter what happens to the stock - it seems they are leading the stock (large volume options buyers are more sophisticated than the stock purchasers generally). I don't think you are missing anything here concerning the stock - just that the traders don't see this yet until the IPO comes out and shoots , then they find out the UIHIA owns most of UPC and it joins the party - I just think we came early to the party, but believe me better being too early then too late on this one. I have some of those calls also and plan on purchasing more. The stock itself is a great buy also if you have the cash - this could continue to move well after the IPO although there will be a big pop on the IPO date.