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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Jerry Olson who wrote (9765)12/8/1998 12:50:00 PM
From: Patrick Slevin  Read Replies (1) of 44573
 
It used to be Infinity Broadcasting. It appears Howard Stern has been "letting everyone" in on how he's getting options in this spinoff from CBS and the world went nuts.

I had 5 calls, two at one time on different lines, before I turned the ringer off.

I bailed out @ 92.10 for four points.

This INF spinoff, I'm not even a Registered Rep. Can you imagine the phones lighting up at Merrill, the Underwriter, on this damn stock? Everyone who missed out on the Internets and watches (or listens to, or whatever) Stern is probably on the phone trying to buy a piece of the rock. After the first day or two I'll bet there could be several points there from the sell side.
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