Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: kathyh who wrote (1963)	4/15/1999 12:56:00 PM
From: Rollcast...	Read Replies (2) of 108040

Kathyh, thx for the info on PTEK. Let us know when you find out that percentage PTEK owns of WebMD? Did it show in the Edgar filings? Calls work similarly to warrants. They are an option or right to buy a share of stock at a set price (the strike) for limited period of time. ex... If you buy a PTEK AUgust 15 call you have the right to buy ptek at 15 thru august. Less expensive than the stock but more risk. They usually move point for point when "in the money" (trading over the strike) but usually have a premium tied into time. Hope that helps.

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