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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (30463)	5/20/1999 9:04:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 70976

Justa, Again, I have to agree with you. First, both bookings and billings continued with the up trend. If Chuckie baby lacks the intelligence to look at the underlying numbers behind the BtB ratio, may God help DLJ's customers because the market sure won't. Re: Sorry folks, this price action has to do with the options man who is leaving town tomorrow. Again I suspect you're right. I put in a day order to sell some Dell Puts at a limit price this morning. The Option price came within an 1/8th of my limit near 1PM then backed off substantially. My order filled near 3:35PM when the option price shot up from 2 5/8 to 3 1/2 before settling back to 3 1/8. Given the abnormally huge volume, I got the impression that the bulk of the May Options were rolled forward to some future month. The options man may already have left town. FWIW, Ian.