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Strategies & Market Trends : Tech Stock Options
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To: Muizz M. Kheraj who wrote (16897)7/25/1997 3:45:00 PM
From: Mike Fredericks   of 58727
 
Muizz-

What you doing with your PAIR options... almost sold 2 of my 3 @ 3 1/2, but I can't seem to actually pull the trigger. My gut is telling me that unless this is a buyout, then there are alot of momentum players in who will get out as soon as they see that there's no news. Safer to take the 25% profit or whatever and get back in on Monday if need be...

But if there is a buyout, wouldn't Monday am be a good time to announce it?

-Mike

EDIT: Put in a limit sell @ 3 (current bid) for 2 of them. If it goes through, then my cost basis for my last one would be $1.11. If not, then I guess I'll hold through Mon.
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