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Technology Stocks : THQ,Inc. (THQI)

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To: pham who wrote (6530)7/6/1998 4:54:00 PM
From: Todd D. Wiener  Read Replies (1) of 14266
 
Pham-

When I shorted the puts, I received cash immediately, just like shorting a stock. I have to have enough collateral, either in cash or other stock (with which to leverage for margin buying), to pay for the shares if they are put to me. So that means the strike price multiplied by the number of shares (contracts X 100).

Andy-

I never expected Granstream to be anywhere close to Quest in sales. From what I've seen from retailers so far, everything looks quite good.

Todd
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