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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (29164)2/11/2002 8:07:19 AM
From: wgh613  Respond to of 99280
 
WEBX,MSFT,

WEBX,MSPRESS RELEASE: WebEx Commun, Microsoft In Web Svcs Pact

02/11/2002
Dow Jones News Services
(Copyright © 2002 Dow Jones & Company, Inc.)

WebEx to Provide Interactive Web Conferencing Services for Microsoft's
Tablet PC

SAN JOSE, Calif., Feb. 11 /PRNewswire-FirstCall/ --
WebEx Communications, Inc. (Nasdaq: WEBX), the leader in interactive
communications infrastructure for business meetings on the Web, today
announced that it is working with Microsoft Corporation (Nasdaq: MSFT) to
provide interactive Web communications services for the new Tablet PC. WebEx
is developing communications services that will support the advanced display,
inking and multimedia capabilities of the Tablet PC. With more than
5,000 corporate customers and agreements with the world's largest
telecommunications providers, WebEx is fast becoming the standard for business
communications on the Web.
"WebEx's interactive Web meetings services leverage the power of Windows
XP, Tablet PC Edition, and the mobility of the Tablet PC form factor," said
Alexandra Loeb, vice president of the Tablet PC at Microsoft Corporation.
"With WebEx, Tablet PC users can conduct highly interactive, multimedia
business meetings from anywhere. WebEx is an important business communications
service and we are looking forward to Tablet PC users gaining extended value
out of this service."
"The Tablet PC is creating exciting new opportunities for computing, and
as the leading provider of Web communications services, WebEx is proud to be
part of this initiative," said Subrah Iyar, chairman and CEO of WebEx
Communications. "We are working with Microsoft to build support for the
specific strengths of Windows XP Tablet PC Edition into the WebEx network."

Data, Voice and Video Communications
WebEx provides Web-based interactive communications services to
corporations worldwide. Departments across the enterprise use WebEx
conferencing to reduce travel costs, increase sales and improve productivity.
WebEx supports the entire range of data, voice and video communications to
provide an online environment that simulates the full spontaneity and
productivity of face-to-face meetings. All of WebEx's services are built on
the WebEx interactive platform and are supported by WebEx's global
communication network, ensuring scalability, reliability, security and
performance.

FT,



To: orkrious who wrote (29164)2/11/2002 9:07:20 AM
From: mishedlo  Respond to of 99280
 
10K that represents 1M shares
Not exactly peanuts but not going to kill these hogs is something goes wrong either.

compare 65 to any other price and you will see this:
14K puts + 2K puts + 9K puts + 5K calls will be toasted
toasting 3M equivalent shaares of EBAY if you would.

This does not even include the 5K strike 50 puts that nearly went into the money. At 50 there were only 300 calls LOL.

At 65 only 9K options from 50 to 65 will be in the money.
So add it all up and you have 35K options toasted at 65 and only 9K worth anything.

I would suggest that is a decent chunk of change.

M