DCTC - DCI Telecommunications Message Board

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Microcap & Penny Stocks : DCTC - DCI Telecommunications

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To: george eberting who wrote (3180)	12/22/1997 12:22:00 PM
From: george eberting	Read Replies (2) of 4489

This morning the CBOE is providing quotes for puts and calls on SMTK. A few days ago I suggested that there may be some wisdom in DCTC hedging against possible decline in SMTK shares by purchasing some puts. For those of you more familiar with trading in options than I, here is the link for this morning's quotes: cboe.pcquote.com If I am reading the numbers correctly, it appears that the process wouldn't be all that cheap (for 300,000 plus shares of SMTK) and the periods covered do not extend beyond the end of February, but the SMTK shares may not be saleable until sometime in March. If Leaps are also available, I presume they would be even more expensive. George

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