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To: John Stewart who wrote (1884)9/28/1999 9:20:00 PM
From: Ian@SI  Respond to of 3661
 
I was checking out prices this afternoon, but didn't pull the trigger.

Some UXQs were also looking pretty good. (PRIA) And I wouldn't mind owning more there neither should I get assigned early.

I'm expecting more volatility up until Oct 5th, so I expect reasonably attractive prices during the next week or so.

Best wishes,
Ian.



To: John Stewart who wrote (1884)9/29/1999 2:03:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 3661
 
John,

Suggestion taken.

The favourable pricing disappeared on the UXQs so I sold some QQMs while the selling was good. <g>

This time I might actually get the shares, if Phil's concerns materialize. Unfortunately, earnings announcement and conference call 3 weeks prior to expiry will probably force me to just keep the premium. :-)

Worst case, I just might catch up to your share count; but I'd have to sell a few more contracts first.

It really is nice of those specialists at the Pacific Exchange to give me a 12.5% discount on a stock that I'd like to have more of; and if they don't deliver, those guys are so nice, they just let me keep the 12.5% discount that they paid me up front.

Life can really be great!

Best wishes,
Ian.