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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 52.15+1.3%Nov 21 3:59 PM EST

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To: bob zagorin who wrote (5507)1/31/2001 7:19:12 PM
From: Srexley  Read Replies (1) of 5650
 
Hi bob - What is your take on the options possibilities with this stock? They seem like such a good deal that I think I am missing something.

April $5 puts $2 7/8 (take the money now, buy them out if stock goes up, take the stock at $2 1/8 (effective price) in April if it doesn't

July $5 calls - bought 4 today (tried for 20 at $9/16 but only got 4). Will probably try for more tomorrow.

Jan '02 $5 puts for $3 1/4 (may try same strategy as above)

Anyway, these all seem like good deals to me based on the positive assesments. Am I right, or am i missing something?
Scott
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