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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (79334)12/16/1999 2:55:00 PM
From: R.E.B.  Read Replies (1) | Respond to of 90042
 
I would be glad to. Right now, if you were inclined to do so, I would buy some Time Warner Telecom CALLS for March $45 strike. They are expensive at $10 but they are $5 in the money and lots going for you:

1. You got until march.... lots of time.
2. You are in the money.... very little premium.
3. TWTC is a prime takeover target by March.
4. TWTC's 12 month target was $60 (issued December 6th by DLJ) and we are already above $50.... expect more analysts and upgrades.

Also the stock has not really caught on, volume is small. Once the institutions start jumping in, we could see $80.

Try 5 contracts just for fun.