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Technology Stocks : GTIS: Is there a better bet for Christmas sales?

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To: V. who wrote (199)12/9/1996 12:11:00 PM
From: (Bob) Zumbrunnen   of 432
 
Thanks for the reply, Vicki.

Are you on drugs or something? *LOL* I didn't understand the deal (joke) about buy Jan 55's on GTIS. It seemed it'd be an incredibly stupid thing for me to do. Was that the point?

Anways, I'm learning about options and your message made me understand them 100% better than I did 5 minutes ago.

You guessed correctly about my motivation for buying July 10's being because I figured they'd be a cheap, very likely bet. Once I actually see premium prices, strike prices, and expiration dates, it'll all make a *lot* more sense.

Hopefully my broker will be able to clear the fog for me this week, as I plan to sit down with him for a long time and go over my options (no pun intended) regarding GTIS options.

Sorta nice to see it up this morning. Is it just being pulled along by the rest of the market? Can't find any news. I've been planning on buying when they're closer to 5, but am concerned they're getting too far from that right now. Bought some PPD this morning, simply because I felt they were getting ready to run away from me. Would do the same with GTIS, but I'm not accustomed to this motivation, and am not quite as sure about GTIS staying this high as I am with PPD.
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