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.

Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: NeverSeemToLearn who wrote (22591)	7/28/2000 4:22:47 PM
From: Thomas DeGagne	Respond to of 42804

>Bought some Oct 75 Calls! By then LUMN IPO should really >start kicking. Anyone else feeling "lucky" and a little >reckless? You bought 7 contracts @ $8. Break even point $83. I sold 8 Oct $57.5 puts @ $11.50 each. That's $9200 in my pocket today. I'll be very happy to buy MRVC for effectively $46 at that time. I hope MRVC breaks $100 before October expiration. That will be a profit of $11900 for you. Of course, I currently hold 1200 shares so I'll be doing just fine too. Oh, by the way, I'll sell some more puts when MRVC hits $75!