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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: otter who wrote (6361)5/3/1999 8:00:00 AM
From: Linda Kaplan  Read Replies (2) of 6565
 
Are we sure it's over? Isn't it possible there'll be more bids now?

If it's over, I was wrong to sell my stock and buy leaps. I will lose money on the leaps and would have gained money on the stock.

IMO: options strategies starting with a new position now would only work out really well if there are more offers, since the marketplace will build the $21 price into options pretty fast. The stock may trade a bit lower but the options should consider $21 the real value.

Linda
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