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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: Eddie Kim who wrote (2516)	10/5/1998 2:35:00 PM
From: Melissa McAuliffe	Read Replies (2) \| Respond to of 4509

I was looking at the april 20 puts. Right now I could sell them for 4 1/2. So this means if the stock goes up I win...if the stock isn't over 20 by April then I end up owning psft at a net cost of 15 1/2....that's perfectly acceptable to me should it happen....which I doubt. The only thing I can see wrong with this picture is that maybe I can sell these puts for more later today or tomorrow. I almost have to think this is a no brainer.... But would appreciate any opinions since I've never sold puts before..