SI
SI
discoversearch

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 : Concurrent Computer (CCUR) -- Ignore unavailable to you. Want to Upgrade?


To: JOE W who wrote (2960)3/20/1998 9:22:00 AM
From: satchmo  Read Replies (4) | Respond to of 21142
 
to all: reading your comments on the run up yesterday made me laugh so hard i peed down my leg! when ccur becomes a stock traded in programs, my clients will have made so much money (and their manager as well) that i will buy si and keep novice know it alls off.

i know who bought the stock yesterday. i know why. i know what will happen from here. you all should keep trading the range, trading for teenies, trading, trading, trading . . . it's good for your brokers. and it will be good when blast off occurs not to have you on board.

ps -- although i find it hard to believe that knowledgeable types such as you -- or even self-acknowledged geniuses like mr olivier -- do not understand what happens with option exercises: when an option is exercised, in a clean exercise, the holder "buys" stock from the company. no trade occurs on the tape. when the holder does exercise, that typically is a taxable event and the funds are due immediately and must be collected by the company. so often the exerciser simultaneously sells some of the shares into the market to raise uncle sams share. there are variations on this, such as var's etc.

sorry to be flip, but it scares me that there are so many amateurs in our game -- are any of you the progeny of beardstown lying ladies?