Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (41894)	2/24/1999 12:08:00 PM
From: Jan Crawley	Read Replies (3) \| Respond to of 164684

There's nothing wrong with holding on to this stuff. Bill, my reasons for the above; I think writing puts is a much better way if I am thinking long term for I-stocks. I was assigned 200 shares of DRIV via Feb $35 puts, the premium was $9; so the effective price is $26. I will sell DRIV soon and write a couple of puts again during down swings. E-bay's put premium is terrific too. But with such a tiny float and low trading volumn and un-predictable trading patterns, I would only buy/sell (small lot) very very quickly. Best wishes for your e-bay, it's looking wonderful, but if I were you, sell!! p.s. I need to check/verify the exact $$ of the assignment.