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Technology Stocks : Applied Micro Circuits Corp (AMCC)
AMCC 8.4500.0%Feb 3 4:00 PM EST

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To: Beltropolis Boy who wrote (267)12/21/1999 9:40:00 PM
From: SJS  Read Replies (1) of 1805
 
Chris,

Tried to buy a similiar bull spread on AMCC today (right when it dipped) but these MM for options don't give an inch in the "middle" of a 1/2 or 3/4 point spread.

If you have to pay the ask to buy say, 10 options, with a spread of 3/4, then that's an extra $750 you just give away. Then add 45 or 50 buck commissions on top of that.

Does anyone else think that spread is way too much?

Steve
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