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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?

To: NYBellBoy who wrote (12350)10/31/1997 10:33:00 AM
From: Pete Mason  Read Replies (1) | Respond to of 18263
 
Jeez, why are these put options so cheap???

The Dec 20's are just 6, and they're over five bucks into the money!!! These things could gain 50% if ZITL hits it's old (recent) low of $12 again....

-- Pete



To: NYBellBoy who wrote (12350)10/31/1997 10:35:00 AM
From: DD™  Read Replies (3) | Respond to of 18263
 
" Hank-- How can you tell how many shares have been covered by shorts?"

He was trying to be facicious and humorous, and succeeded on both counts <ggg>.

DD



To: NYBellBoy who wrote (12350)10/31/1997 10:48:00 AM
From: McNabb Brothers  Read Replies (1) | Respond to of 18263
 
NYBellBoy,

We were just kidding, who else would be buyers of this stock!

Hank McNabb


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