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Non-Tech : Eagle Hardware (EAGL) The Next Home Depo
EAGL 1.550-1.3%Jan 21 4:00 PM EST

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To: csm who wrote (365)7/21/1998 10:14:00 AM
From: Scott Mc   of 389
 
Stu, sorry misunderstood your question... I have an open order also to buy at 22 1/8, have been doing approx $2 spreads on the orders 22,24,26,28 and usually giving up the 1/8 to buy and sell E.G. 22 1/8 to buy and 25 7/8 to short.. Scott

Re an order at $23 1/8, I would think there is a good chance for a fill, however Id still be buying the convertible here since it is not callable until EAGL trades at 27$ for 30 consecutive days, better protection on the downside, interest payments and probably a lower commission although needs more watching with it trading over par..
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