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Strategies & Market Trends : Tech Stock Options

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To: j g cordes who wrote (27629)11/1/1997 4:44:00 PM
From: Patrick Slevin  Read Replies (2) of 58727
 
I generally hold back from most conversations on this board....

....I really only watch it for educational value.

In this case, I will contribute this....I do speak with CEOs on occasion.....When XYZ company says they will buy back 5 million dollars worth of stock. They may go to Plaza and write 1000 puts, for example.

Is this information withheld from investors? Of course not. They said they would buy back stock up to a certain point....if they attempt to do it by writing puts, so what?
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