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Technology Stocks : YURI ( YURI SYSTEM )
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To: Mike Naiditch who wrote (212)12/7/1997 2:16:00 PM
From: Keith A Walker  Read Replies (1) of 1181
 
Mike,

I tried buying some calls the other day via my online Schwab account and was unable to make the trade. I got the symbol correct (Schwab was able to give me a realtime quote) but when placing the order, the symbol was not recognized. What would cause this type of problem?

I also want to sell some naked puts (I am tremendously bullish on this stock). I have another account at Merrill Lynch and believe their trades get executed on the CBOE. That would, I believe according to your note, put the business in your hands.

Yes, I will probably be speculating around earnings announcements, but, I am also a longer term investor on Yurie and believe using calls to lock in a sensible price is a good strategy on this stock. I've done this with IOM with some success, so buying calls on Yurie, in my mind, is a similarly bullish opportunity, since it leaves me with the option to pick up the stock or sell the call for a profit.

Keith Walker
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