Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Bill Jackson who wrote (83465)	12/17/1999 4:07:00 PM
From: Elmer	Read Replies (2) \| Respond to of 1572868

Re: "As for getting $$ into it, well I will read a bit more before I put my money on the line." Please read a LOT more Bill cause you got it wrong again. EP

To: Bill Jackson who wrote (83465)	12/17/1999 5:06:00 PM
From: Goutam	Read Replies (1) \| Respond to of 1572868

Bill, You got the first part right. But you got the second part slightly wrong - Of course the internal bookeeping of the brokerage house will simply credit the client account with the premium to Elmers agreed by at $25 The premium or options proceeds get credited to Elmer's account on the day the options were written or sold. and sell the stock on the market for the market rate, Sold only if Elmer places the sell order. It would be just like buying the stock in the open market. He can choose to hold on to the stock as long as he likes. Goutama