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Strategies & Market Trends : Tech Stock Options

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To: Jerry Olson who wrote (38253)	4/6/1998 10:37:00 AM
From: Electric	Read Replies (2) of 58727

OJ, Did you get your Email from rightline this morning? Guess who is on the list now??? PFE... I dont think I would complain personally if in fact the co did wait until the stock gets to 120 to announce a 3-1 stock split.. it would do a WLA soar if that happened.. I was thinking of selling today, moving up in strike price and doing it that way, but with that report, I think I will hold. I am getting pissed at how the prem is being slowly taken out of it each day.. down to about 4 points for June calls.. that is very thin IMHO.. Also they were talking about YHOO.. and I read your post on the other thread, I think the report might have it nailed correctly.. if I were to get into it, it will be like the day of or 1 day after earnings, then the meeting is 2 weeks afterwords, where a split would be announced.. I would rather miss a point or 3 rather than have the tidal wave of selling if the company doesnt smack earnings or if the momentum players exit the day of.. Kinda like what happened to DELL.. Keep me updated... I love PFE!!!

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