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Strategies & Market Trends : Continuing the IFMX discussion and more...

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To: Robert Graham who wrote (116)9/3/1997 2:57:00 PM
From: Melissa McAuliffe   of 206
 
Bob,
Just checked the bid on the PSFT 60's, 2 7/8. Wish I had done the same. You may be able to get more tomorrow at 2 based on this stocks volatiity. But please explain why Sept 60's because maybe that's what I will pursue instead of the Oct 65's. You made me at least think of the possibility of this being a short term move only. I am not sure I agree but maybe it is better to make this assumption and act accordingly.
Melissa
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