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Technology Stocks : Siebel Systems (SEBL) - strong buy? -- Ignore unavailable to you. Want to Upgrade?


To: Melissa McAuliffe who wrote (1136)3/2/1998 9:55:00 AM
From: Trader Dave  Respond to of 6974
 
I bet it's a stock deal, and if I'm not mistaken your average cost is in the very low twenties. I bet it'll be a decent premium and you'll be close to break even. Given how volatile sebl stock is I'd suggest writing calls against your position as a way to collect some income.

TD



To: Melissa McAuliffe who wrote (1136)3/2/1998 10:00:00 AM
From: Trader Dave  Read Replies (4) | Respond to of 6974
 
As I expected roughly $22 per share, but I'd bet no cap and collar.

TD