BEAS Puts Rise; Market Mixed

Stocks are mixed and fairly quiet following a downward revision from 1.1%
fourth quarter GDP to a 1.0% rate. Semiconductors are the day’s top sector while
computer technology is the weakest.

At mid-day, the VIX has increased .26 to 33.48.

Among bigger movers on heavier-than-average volume:

BEA Systems
(
BEAS |
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PowerRating)
is down 2 13/16 to 24 3/16 while the BEAS April 20
puts have gained 9/16 to 1 5/8 on more than 20,000 contracts.

Sun Micro
(
SUNW |
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PowerRating)
has slipped .94 to 14.91 while the SUNW April 17.5 outs
have gained .75 to 3.20 on more than 27,000 contracts.

PG&E
(
PCG |
Quote |
Chart |
News |
PowerRating)
has lost .31 to 12.89 while the PCG April 15 calls have
fallen .15 to .45 on more than 18,000 contracts.