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Technology Stocks : Stock Swap

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To: Tech Master who wrote (13576)5/4/1998 4:13:00 PM
From: Andrew Vance  Read Replies (3) of 17305
 
*AV*--Actually, Jeff did take the opportunity to remind me of that other little tidbit of fact (DH Blair and PLSIA). It is a small world and I must admit that I did not make the connection until Jeff told me. My connection was with comments by Patrick. however, it is a small world. But as long as we now are talking about DH Blair and PLSIA, why not a repeat performance as you have suggested.

Since you have not announced an exit from ENMD, I give you the GUTS award that steve susko mentioned. I think you are right that $30 will be a price we see this week or next. This will make both you and Big Bro quite successful in your transactions on this stock. At $30, Big Bro will experience at least a $20 price tag for his PUT, making it a nice double for him. Nice way to start retirement Big Bro. I'll wager that you have at least 5 contracts, if not 10.<GGG>

Andrew

Scott- I do need to figure out how this will appear on the Schedule D. It will most likely be a sell and buy on the same day so it will look like a buy and a same day sell. Ratso, I shoulda waited until tomorrow to sell the screw up the IRS computers. How would TurboTax handle a buy date a day after the listed sell date<GGG>. Oh the fun we will have in 11 months. That is, of course, if you want to burst my imaginative bubble and tell me how to acount for it now<GGG>
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