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Technology Stocks : Maxtor (MXTR) -- Ignore unavailable to you. Want to Upgrade?


To: Frodo Baxter who wrote (191)3/20/1999 4:35:00 PM
From: Stitch  Read Replies (1) | Respond to of 467
 
Lawrence;

<<"It would pay if you are desperate for cash to finance the world's largest semiconductor merger. Right?">>

<<Unlikely, since all drive stocks are depressed.>>

Yes, that is the rub but I would underscore desperate and think it again. I have peeled and peeled on this one to understand its recent behavior. Seems to me it is being punished outside of and beyond the groups malaise. Why not just buy and sell the stock?

<<I've exploited this volatility by selling July 7 1/2 puts.>>

You will have to help me understand this one. You have to have a market for those puts, right? I can't even get a quote.

Best,
Stitch