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Technology Stocks : PMC-Sierra (PMCS) -- Ignore unavailable to you. Want to Upgrade?


To: c.r. earle who wrote (3500)5/14/2000 8:36:00 PM
From: Jerry Miller  Read Replies (1) | Respond to of 3818
 
"looking to make a short term gamble on June 150 calls"

c.r.
August might be a better bet.
they'd get you through some of this turmoil, and you'd be there for any good news that might come out of July's earnings report.

even if we rally off the Fed on Tuesday, options holders on May are likely to sell into the rally Wednesday, ahead of expiration on Friday.

you're on the right side of the right stock, just give yourself a little more room.

i'm holding the August 130s.



To: c.r. earle who wrote (3500)5/30/2000 5:50:00 PM
From: Toby Zidle  Read Replies (1) | Respond to of 3818
 
It appears that the belated answer to your question is "yes, there is time for the June 150 calls." PMCS closed today at $155 7/8, a price I am thrilled to see.