Tekelec Message Board - Msg: 13380887

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Tekelec

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Curtis who wrote (1463)	4/8/2000 3:36:00 PM
From: WTSherman	Read Replies (1) of 1648

John, sorry I wasn't trying to be terribly mysterious... What I meant was that there is the possibility that the MM's will try to drive the price down in order to get this position closed(scare them out)or drive it down at the options expiration to reduce or eliminate their liability. Alternatively, whomever the primary position holders are, know something or think they know something that's going to keep the price up or make it go higher between now and then. Look at it this way, right now these options are worth $20M, in four months they could be worth $0 or $45M if the stock were to hit $75 by options day in August. BTW, what I don't know is what price these positions were opened at or when, which is critical information. If anyone on this board has any idea about this it would be very valuable information.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next