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Technology Stocks : UCOMA UnitedGlobalCom

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To: steve host who wrote (35)1/30/1999 8:17:00 AM
From: Art M  Read Replies (1) of 489
 
I am long the Feb 55 calls. Bought 2 days ago at 1 9/16 (the ask) when stock was around 47. This IPO story sounds awfully good to me. I don't understand why UIHIA stock price has not risen more since the announcement. Especially considering the valuation estimates you guys have done. If the IPO is Feb 10/11 the calls have until the 19th, and should hopefully appreciate at/after the IPO. What am I missing here?

Art
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