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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: Douglas G Prettyman who wrote (2982)10/30/1999 2:48:00 PM
From: Peny  Respond to of 15615
 
Doug: I know nothing about calls, etc. so could you please tell me if those 300 contracts look like good news or bad news for GBLX? Thanks.



To: Douglas G Prettyman who wrote (2982)10/31/1999 1:59:00 AM
From: barry fowler  Read Replies (2) | Respond to of 15615
 
Re: Calls

>> I hold some Jan $35 calls and have

If the price now is approx. 35, why would someone buy calls for 35 in January? Does a call grant the right to buy or sell shares at 35 in January?


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