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Non-Tech : Barnes & Noble (BKS)

BKS 6.490

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Aug 19 5:00 PM EST

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To: Lane Hall-Witt who wrote (962)	5/4/1999 11:10:00 AM
From: CarlY	Read Replies (1) of 1691

What would be the right strategy with May40 options? I hold some May40 and 45 and June40 options. Not quite sure about the "options" I have regarding these. Should I cut the loss and sell right now? Or wait and hope the stock price may go over 40s within next three weeks? If the IPO date is for sure May 24, what is the right approach of dealing with these options? Any recommendation and analysis would be greatly appreciated. I played IPO back-door pretty well before but this is the first time to try IPO back-door options. Thanks in advance, cy

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