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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: Linda Kaplan who wrote (5416)3/3/1999 10:30:00 AM
From: otter  Read Replies (1) of 6565
 
For what it is worth, I have just executed an order for a sizeable number of April 20 calls. Bought for 1/4. In doing this, I'm violating every rule of common sense. If this deal gets done for less than 20, then I've kissed off a couple of grand, offset by significant gains with my other options. On the other hand, if this deal gets done for anything greater than 20, then the gains can be significant. Gambling, pure and simple, but all the signals suggest that there will 'be a two in the front'....
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