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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: Mark Woolfson who wrote (564)1/7/1999 9:14:00 AM
From: donss  Read Replies (2) of 6531
 
Mark,
I don't know for sure that he shorted the PUTs, I was only speculating. I believe your answer #2 is correct.
-Don

<<2- He can buy back the put contracts between the current bid/ask and he actually received more money when he opened the contracts than paid for closing the contracts.>>

P.S. Also it looks like we will be down this morning after the Forbes article. From briefing.com

09:17 ET Tech Stock Indications: MSFT -2, DELL -2, BRCM -10, INTC -1 1/4, CSCO -1 3/4, HTCH +1 1/2. Internet Stocks: YHOO -7, AMZN -7, UBID -4, TMCS -4, NSOL +2, EGRP -1/4,

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