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Technology Stocks : Presstek -- Stock of the Decade??
PRST 0.00010000.0%Sep 29 10:16 AM EST

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To: SG who wrote (9945)9/11/1998 2:45:00 PM
From: GVTucker  Read Replies (1) of 11098
 
<<Brent, the jan 15 calls are pretty cheap at this level. >>

Scott, the implied volatility on the Jan 15 call is almost 80 (77.85 to be specific). The only way this could even be remotely considered cheap is if you compared it to Amazon.com options, which are the most expensive options I have ever seen.
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