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To: c.r. earle who wrote (127)11/24/1998 10:32:00 AM
From: FNS  Read Replies (1) | Respond to of 137
 
My buddy SOLD 20 DEC 45 puts yesterday at 6 1/4...he says this is a $12.5K gift, worst case is that he'd have to buy the stock back at 39 meaning tying up $80K cash....since I don't follow NSCP and AOL I don't have a clew as to the wisdom here, or whether a 50-50 shot!

Any comments on how solid the deal is and at what price???

A broker friend didn't think it was a wise idea...

Thanks,

FNS