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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: AllansAlias who wrote (89107)4/3/2001 10:22:00 AM
From: marginmike  Read Replies (2) of 436258
 
Csfirst boston/Paine webber is now offering Derivitive products to smaller retail clients. Kinda like a collar, seems like they are desperate to raise money. they are buying 10 Techs including CSCO,SUNW,CHKP and collaring them they are guarenteeing 25% of the down side(ie they are selling calls against those positions). Pretty desperate act to drum up biz. They are selling this to conservitive investor's toboot.
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