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 : VIAB (Viacom Class B shares) formerly CBS
VIA 25.54-1.7%Jan 9 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Patrice Gigahurtz who wrote (2430)8/28/1998 3:52:00 PM
From: Patrice Gigahurtz  Read Replies (1) of 4613
 
Just read it and almost fell off my chair !!!!!!!

Wow ! If they do in fact complete that Infinity IPO by the end of the year than '99 could be a big year for the stock ?

I had a strange day today. Those Oct30 CBS options were very busy today and although I thought I still had them I in fact had sold them during the early pre-10amish CBS run up to tad over $30. I had a $2 1/8th order in thinking they'd never hit it and they did ! So now I am on the outside looking in as far as CBS options goes although I still have my actual stock shares. I am not selling my actual shares at anything close to what the market is valuating CBS today (low $29ish). As far as my next option I am looking at those CBS Jan30s and they want $3 (bid). I'd rather have 'em for $2 5/8th and if I had known I was 'outed' my Oct30s earlier on in the day I could have gotten them when the stock gave up earlier morning gains to hit low $28ish area. So maybe if 'she' relaxes again toward the low-ish $28 area I could end up with those Jan30s ?

By-the-way: Just my 2-cents (a novice lamb who was broke twice investing/betting stocks) but I suspect the weak closing DOW today was a reflection of funds concerns regarding being exposed to stocks over the weekend. Maybe they think the world is going to end on Saturday/Sunday and this way they can relax knowing their money is safe in tad over 5% money markets.


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