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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (24097)6/29/2000 3:50:00 PM
From: im a survivor  Read Replies (1) of 35685
 
TOM - SNDK Jan 01 $40's. Watcha thin about em? Trading at about $24/$25 right now.

I know you like the company and are a buyer. While I was looking at my ultra depressed Oct 100's and getting bummed, I noticed those $40 calls at $24 and change. Stock is at $57 I believe, which makes it about a $7 premium for 7 months. Where do you think SNDK is in DEC/JAN ?? If you think we are heading towards $100, or at least in that general direction, then wouldnt these $40 calls be the way to go? If so, would you tackle them now, or do you think we get better pricing in a couple months after a summer sell off.

TIA

Keith...who is still distressing of this pitiful market and trying to find a way to best position himself!!!
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