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To: Voltaire who wrote (599)1/14/2000 2:11:00 PM
From: jeremy_atticus  Read Replies (1) | Respond to of 35685
 
Voltaire, since your Angels used me as a conduit to tell you to go to your porch, are they telling you to make room for me also? I won't take up much room and I'll even sweep it every once in a while.

JA



To: Voltaire who wrote (599)1/14/2000 2:35:00 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 35685
 
never cut a highschool class in my life
way too motivated to outperform my ugly brother
goal was to achieve top10 out of class (400 kids)
with Advanced Placement Calculus and Chemistry, did so
I would have laughed in your face if offered stolen hallpasses
shows you how clueless I was, with obscured priorities
much more important to get "honey in the hand" than top10 scholar position

on serious issue of QCOM January option conversions
the question is whether to allow Jan Qcalls to expire
the default condition leads into conversion to shares
payment for a large portion of those converted shares comes from sale of same contracts

since a stock purchase is the result, you gots three days until settlement
this is NOT an option sale, which has one day settlement
the three days are possibly crucial in providing added cash from higher QCOM share price

the stock might jump 15-30 points in those three days
a fickle change of mind on a portion of the contracts results in option sale (not conversion) to raise cash

it is a sly plan, thanks to PhatBastard for the idea
he has known a dozen men to pull it off
the onliest punishment is a whack of peepee
the infringement is from selling options on second thought late
it is called Free Ride Violation

I would go on Fed Margin Restriction
big deal, no buying with incoming cash or wired funds
I aint used that privilege since 1998

Volt, you have brought forth the question of whether money would be in abeyance somehow, not lost, but in confused state

wouldnt want broker to tie it up for review of procedure

might say screw it, too much energy as you claim
might sell a bunch of Feb calls to raise cash
then with converted shares, buy back Feb calls on margin
the margin released will be huge with purchase of shitcheap shares

oh well, stuff to keep me up at night
actually nothing keeps me up at night
just locating my navel, so that I can contemplate it

/ Jim Willie



To: Voltaire who wrote (599)1/14/2000 5:30:00 PM
From: Jill  Read Replies (2) | Respond to of 35685
 
OT school story, in junior high my friends and I played a game called mugging, in winter. We'd wait in a pack for one of our friends who was all wrapped up in scarf and hat, leap out, announcing a mugging, and take her scarf and hat and run with it while she chased us; usually we went and threw it in the after-school remedial math class, which was taught by our favorite teacher, whose advanced algebra class we were all in during the day. Then the embarrassed mug-ee would have to go interrupt the class to retrieve her stuff. It was kind of an affectionate hazing rite. It was accompanied by side-splitting laughter.

Even more OT: we had a really tall skinny science teacher. In art class, my best friend and I made silkscreen caricatures of him. All the silkscreens were proudly displayed in the school halls by the art teacher. Of course he would take ours down. And we'd just make more and put them up. This went on for months.