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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!

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To: Ram Seetharaman who wrote (5978)3/25/1999 4:48:00 PM
From: OldAIMGuy  Read Replies (3) of 6565
 
Hi RS, I've been studying the CBOE options on VLSI to see if I could take a stab at a buy-out price. I have to say that the numbers baffle me in that regard. The $20s are active, but the $22.50s are asleep. $25s don't exist during this calendar year.

Does this mean traders are guessing at about a $20 to $22.50 "deal" price? I'm supposed to let about 15% of my shares go at $20 and could grab a nice bit of pocket change if I sold some $20 Calls out a couple of months. Hmmmmmmm.

Best regards, Tom
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