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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: blankmind who wrote (2750)	3/16/1999 5:39:00 PM
From: xbrent	Read Replies (1) \| Respond to of 30916

ISLD, Market Maker, has remained open with an ask of 18 1/2 after the close of trading. Curious.

To: blankmind who wrote (2750)	3/16/1999 6:09:00 PM
From: Arrow Hd.	Read Replies (1) \| Respond to of 30916

There is a methodology for computing where a stock will close on options expiration based upon the volume of options. The theory is that it will close where the most options will close worthless so if 15 is where most of the option action sits then the case would be made for the markets to be artificially manipulated to bring the price in line with 15. I think it is called "Max Pain". There are posts over on the IBM thread from time to time that explain it well and I dont use it so dont know the details but it does have an uncanny ability to work out and live up to its forecasting. Anyway, my guess is no announcements until after options expiration and to be specific its the 22nd after the close with the full story.