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To: C. McD who wrote (1118)9/28/1999 2:31:00 PM
From: mike mantoni  Read Replies (2) | Respond to of 1570
 
c. mcd....i look at it like this. To get the right you pay about 3.50 today. now your entitled to buy another share within 60 days at 7.50. so....11.00 for 2 shares. i'll take my chance that if i feel a rally is on its way i'll be able to buy before the 5.50 a share. in the mean time i have no risk. no money on the table! and in this market the table certainly isn't level! :^)