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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Doug Bean who wrote (31350)	5/14/1999 12:15:00 PM
From: Jim S	Read Replies (2) \| Respond to of 36349

Doug / anyone -- Have any idea where the open interest lies for options? I'm a believer in the "max pain" theory (that a stock will close at a price on expiry day to cause the most pain to the most people). So, if the 12.5's are the most held, the theory is that PAIR will close at or just below 12 1/2. OTOH, if 15s have more open interest, we should close in the 14's. If anyone has any info, please post. jim OT Jay / Mark: Your limp-wristed kindness to one another is heartwarming; good to see that among you moped drivers. <LMAO, sides hurt!>