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To: Zeev Hed who wrote (10996)12/4/1997 6:47:00 PM
From: TideGlider  Read Replies (2) | Respond to of 25960
 
Zeev: Could you post where you read that MSFT is selling puts? I
always thought a company was not allowed to sell puts or short their
own stock. Kinda like a baseball player wagering on if he will strike
out.

Shouldn't be able to do it, however this whole market is starting
to leave a bad taste in my mouth.

:(

Bruce



To: Zeev Hed who wrote (10996)12/5/1997 1:36:00 AM
From: John Chalker  Respond to of 25960
 
Zeev & Elroy,

Not only has MSFT been selling puts, but so has INTC. They have done so for at least a year but stopped during the summer. Don't know if they have resumed either. Their timing has been very good, and I don't know if they are required to file this trading data with SEC.

Chalks


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