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Technology Stocks : QUANTUM -- Ignore unavailable to you. Want to Upgrade?

To: Techinvest who wrote (4738)	11/10/1997 6:36:00 PM
From: Alec Epting	Respond to of 9124

Pacific Brokerage does, too.

To: Techinvest who wrote (4738)	11/10/1997 9:59:00 PM
From: Dwight E. Karlsen	Respond to of 9124

Okay, this is the second reference you've given to "buy naked calls". There is no such thing, as someone already pointed out. You buy a call option, period. You're not naked, clothed, streaking, anything. At that point, your only alternatives prior to expiration is to "sell to close", or exersize the contract(s) and buy the shares at the strike price. If you already owned shares prior to that, fine, but it's immaterial. Selling (writing) options is where the "naked" or "covered" comes into play. DK