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Technology Stocks : FORE Inc.
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To: Elmer Flugum who wrote (12304)4/27/1999 2:56:00 PM
From: Boris Reynov  Read Replies (2) of 12559
 
To all. An interesting observation. The out-of-money calls and in-money calls that contained a lot of time value lost their time value immediately when the maximum price was limited by cash transaction. 00 and 01 $25 calls actually lost money on $9 stock price hike! In case of stock swap this would not happen.
Sold everything yesterday and doubled my position in COMS. (Alex, I already know what you think about it, do not bother to answer).
Jass, Tim, Luke, John Dodson, Len, Trevor, Jash and everybody else are cordially invited to move to COMS thread. At the present time it is absolutely boring.
Congratulations and thanks to everybody. It was a great thread.
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