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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Big Dog who wrote (2636)	10/31/1997 4:32:00 PM
From: Lyle Abramowitz	Read Replies (2) \| Respond to of 95453

Mike, You might try the following site: intrepid.com There is a good explanation of options and pricing under his "About Options" link. Also, I am moderately knowledgable on option pricing theory and would be happy to try to answer your questions. The actual or historical volatility of the underlying security is the piece of data that's usually missing. At one time pcquote.com provided this, but not now. One can use the implied volatility, but that is circular as I like to see if the option is at premium or discount to "fair value." Implied volatility is appropriate to use for what ifs such as what would the option be worth at a given time and for an anticipated stock price. Lyle

To: Big Dog who wrote (2636)	10/31/1997 10:12:00 PM
From: Jeffrey Beckman	Respond to of 95453

Mike and all: FGII was on the very top of IBD's "Best Ups" list for earnings reports today, noting a %change of 2200% last Q. IBD also may have provided some general fuel for drillers with their headline in the NYSE recap, "...Volatile Stockmarket Suffers Another Drop; Technology Issues Get Hit, Oil Services Gain." Also, if I may repeat a plug, General Bearings (GNRL) has behaved well this week, nearing a new high. This is a Nasdaq Small Cap, rated at the top position of VectorVest's VST stock list. They project a 52% growth rate with a 12 mo. projected PE of 12.85. A major contract with GM was announced this summer, and they beat earnings projections recently with a 36 cent quarter. TC2000 shows steady accumulation (full scale BOP). E-trade says it's an overbought buy, priced at $19.75. It's not oil, but seems to have some of the same flavor (gg). Jeff