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Technology Stocks : 3DFX -- Ignore unavailable to you. Want to Upgrade?

To: Piranha who wrote (10133)	1/15/1999 1:49:00 PM
From: Vegas	Respond to of 16960

I can understand it would become good to purchase 65 shares of TDFX, but at what price? Its all very confusing too me!!! :-) Maybe you can find the answer here: Subject 12574 They are having a similar discussion. JF

To: Piranha who wrote (10133)	1/15/1999 2:17:00 PM
From: Waldeen	Read Replies (1) \| Respond to of 16960

O.T. For goodness sake, don't get in the options if you don't understand them. And I'm not sure practicing on the STBI options would be the way to go... don't take this the wrong way but here is my two cents: Can I ask why you are interested in these options for a stock trading in the $7 range? Options are good for leverage, but for a small cap stock like this, STBI gives you leverage into 3Dfx at a reduced price. And the STBI options are going to trade low volume if you are not careful. So they'll get you with the spreads on the way in, and the way out. (I hate it when they do that... skim your profits ... what I dislike most about options.) With the stock, you can get the flat discount rate ($20 or less these days) in and out. I've traded and made good money on the 3Dfx options for position plays when this thing kept bouncing off of $17 so predictably. But then again, I follow this stock religiously. Right now, buying the options may be a 'bet' 3Dfx will have a blip up/down in a shaky market. Unless you know something we don't, why not buy and hold STBI? The options don't look good here to me, but that is just my opinion. If you still think it a good play, could you post it here so the regulars here could comment? thanks and good trading, Waldeen