SI
SI
discoversearch

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 : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Ausdauer who wrote (19147)2/14/2001 10:32:02 AM
From: J.B.C.  Read Replies (1) | Respond to of 60323
 
Here's a play in here that those that might want to add to there position on sndk.
Buy SNDK at 24 5/8 and sell LEAPS 2002 $20's for 9 5/8 against the position. It gives you downside protection to $15 which is a couple dollars over book value. If you're called away next year your annualized return is about 36% (not including commission cost). Not bad use of your money.

Jim