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.

Technology Stocks : Micro Linear (MLIN)? -- Ignore unavailable to you. Want to Upgrade?

To: WalleyB who wrote (1325)	11/18/1997 4:47:00 PM
From: Steven Hsu	Read Replies (2) \| Respond to of 1675

I believe "Jan 10 at 2" means the Jan puts with strike price of $10 were bought at $2, hence the $20,000 speculation, $200/contract x 100 contracts. So no, the buyer wasn't expecting MLIN at $2.

To: WalleyB who wrote (1325)	11/20/1997 1:23:00 PM
From: Mark	Read Replies (1) \| Respond to of 1675

I've lifted the curse on MLIN by selling my position today at $8 ! I haven't lost too much, because my buy was a shade over $9, but I think I'd be better off with the money elsewhere. I just don't think this stock is going anywhere but downwards for the next 6 months or so. I of course fully expect there to be some positive news in the next two days (because that's what usually happens when I sell !) so if anyone feels the same, I anticipate there'll be another exit point in the mid-9s by Monday. So long, and thanks for all the fish. :-) Mark