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Technology Stocks : Compaq
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To: Windseye who wrote (63087)6/15/1999 1:47:00 PM
From: Night Writer  Read Replies (1) of 97611
 
Doug,
Don't get me wrong. I think the chances of getting CPQ put to you are high when selling puts that far out of the money. This guy is also playing on a different level then either one of us. I certainly don't recommend selling the Jan 35s today. Last year, was a different story.

He needs 432,500 plus the 267,500 he got for selling the puts. The total is $700,000 cash in round number if the stock is put to him.

This is a wild move or he knows something good. I'm hoping he know something good.
NW
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