SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130+1,200.1%Nov 7 11:47 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: joe who wrote (17134)6/9/1998 2:07:00 AM
From: Stockman_77079  Read Replies (1) of 45548
 
Hey Joe, it was hard for me to understand your note, but I will try to take a shot at explaining the more expensive put option someone bought on the latter part of your note. The October option is months away, it has more time between now and then to fluctuate in stock pricing, and therefore is more expensive than the options that are closer to expire. I don't have the latest option table. But if you look at the latest table, the July option for the same put would be much less. It's the time value of money, that's all it is. Whoever bought that option must not be very sure if the stock will tank further any time soon, that's why he/she went with the October put option.
You have also mentioned in another note about preannouncement. It seems to me that you were saying that it may be safer because we are getting closer to the earning's date. If I were you, I would not count on that. 3COM is not obligated to provide any preannouncement if they don't want to. It's more of a courtesy than anything. Especially the types of guidance they have provided WallStreet, I would not be surprised at anything.

I sure hope that the stock action of late is continuing. Even though I am a long term COMS guy, it still hurts when I check my portfolio once a month when I receive my monthly statement.

regards,
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext