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Technology Stocks : Verifone (VFI)
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To: Ron Wang who wrote (226)2/19/1997 4:00:00 PM
From: Xerxes Wania   of 369
 
Ron, Why don't you write some call options to make some money in the interim. You can write VFI Mar. 35 Calls and get 1 3/8. If the stock goes up, you're limited on the upside but if it goes down or stays flat, you pocket the commission. Then question you want to ask yourself is. Do you think VFI will go higher than 36 3/8 before the
option expiry in March ??
Don't try this scheme unless you know something about option trading.
Xerxes
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