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.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (45341)	7/11/2002 3:11:31 PM
From: Paul Shread	Read Replies (1) \| Respond to of 209892

At some point MITTS might be worth a look. Take SPJ, which guarantees $10 a share regardless of where the S&P is trading as of February 2005 (I think that's the maturity date). It was issued at SPX 1130, I think, and currently trades at 8.50 or so (S&P is down about 19% during that time, while SPJ has lost 15%). I don't know how low they'd let it go, but it could potentially have a lot of guaranteed upside at some point.