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Technology Stocks : MetaCreations (MCRE) - Detailed Goo in a Soapy Dream
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To: timmask who wrote (296)10/6/1997 10:09:00 AM
From: Curtis Frazier   of 846
 
I wouldn't buy those November calls. Stock has to go to 18 1/2 for you to make money on this. With the stock at 16 5/16 as I type, you got to expect a gain of over 14% just to break even. Doesn't sound like a good deal to me. You'd be better off buying some calls that are already in the money.
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