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To: bacchus_ii who wrote (53640)9/3/2001 3:38:10 AM
From: glynrobRead Replies (1) | Respond to of 275872
 
Gottfried,

"You should try $14.25 at least, but place it for more than 24 hours tho."

As you saw from my correction post, I sold about 38% of the shares offered, and am still wondering what to do with the prices of the remaining 60k in GTC orders. Short sales are limited to day orders. Since you wrote, Japan & hong Kong closed with large losses, and European markets are down.

"Caveat Emptor: I've been wrong some time ;-)"

I could do much better at trading if I knew the pice movements in advance.

"PS: I'm now short 80 Jan PUT $12.50 for $1.95"

You're ahead so far! Boy, that was some premium.