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Technology Stocks : Pixar Animation -- Ignore unavailable to you. Want to Upgrade?


To: gizelle otero who wrote (1865)12/3/1998 12:02:00 AM
From: David Jones  Read Replies (1) | Respond to of 3261
 
Thread: Been moving the past week and now catching up.
Couple things jump out from the thread. One the production costs for 'ABL' where 70m. And second 100-125m domestic box office is considered a winner for PIXR/DIS.


Dave



To: gizelle otero who wrote (1865)12/3/1998 6:06:00 AM
From: Linda Kaplan  Read Replies (1) | Respond to of 3261
 
The only problem with that strategy is that if the stock runs away to the upside, you lose the stock at the strike price and don't participate in the rally. Say the stock goes to 75 in December. The stock can be assigned even before the expiration, but if it isn't, would you or the author of the note pay $17 to buy back options he sold for $4.25, in order to keep the shares? If not, you get $50 for the shares, the stock is at $75 and you can buy back some of your stock, but if you only have $54.25 a share to do that (the old premium you got plus the amount you got for your shares, you end up with only a little more than 1/3 the number of shares you started with.

Linda