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Technology Stocks : Premiere Technologies (PTEK)
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To: blankmind who wrote (1101)8/1/1999 1:41:00 PM
From: AlienTech   of 1270
 
Has anyone intrested in this company thought of making some free money?

Yes yes send me $50 and I'll send you a book on how to make free money :>

But seriously....

PTEK has LEAP options..
Since the stocks under 10, the JAN 2002 @ 5 LEAPs are going for like $6 each. But the stock and sell the leaps. With 50% margin that means you dont need to put any of your own money down. Downside risk is none until the stock goes below 3. Anyone think this stock wont be above $3 in 2 years? I'll admit the safer the less you can make. But a 20% nothing, especially if you have to pay the margin intrest. So you can the @ 10 LEAPS for $4, which gives you 40% with a downside protection until almost 5. I know that people bullish on the stock already bought the stock, but People just wanting some free money might want to look at it.

edreyfus.com
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