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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (59807)	7/13/2001 11:05:07 AM
From: Exacctnt	Respond to of 74651

<<<When the stock was trading far lower and the premiums far higher for selling these warrants, they were likely netting far higher prices from frightened "3rd parties" looking to hedge their exposure from a source where they knew they could easily obtain these warrants without having to go directly to the CBOE.>>> I have no idea what you just said. The bottom line is that the proceeds from selling put warrants are not recorded as income. The warrants are also private transactions.