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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST

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To: John Stewart who wrote (2479)1/18/2000 8:46:00 PM
From: EACarl  Read Replies (1) of 3661
 
John,
RE "If they valuation gets too high, I would consider selling - out of the money calls, as I noted before."

I agree, but the "problem" :-)) we have now is the stock has moved so fast, there are no out of the money calls!!
Highest strike for Jan is $20.
Highest strike for Feb is $25.

quote.cboe.com

I can't sell the stock in my taxable account since the
cost basis is so low, to make up for the tax bite, I'd
have to repurchase the stock around 21$ if I sell here
just to break even after taxes.
I don't want to play that game.

Well, we should see the higher strikes for the Febs come out in a day or two.

Best regards to you,

Eric.
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