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Technology Stocks : Cyberian Outpost (Symbol: COOL) -- Ignore unavailable to you. Want to Upgrade?

To: Joe Pirate who wrote (1425)	5/3/1999 9:35:00 AM
From: MyAssets	Respond to of 1932

I'm right there with ya brother. Watching with an eagle eye. Sure is nice today.

To: Joe Pirate who wrote (1425)	5/4/1999 11:37:00 AM
From: Jason Cain	Read Replies (1) \| Respond to of 1932

Pirate - What kind of moves were you thinking? The May 17.5Cs would probably drop to 1/8 if COOL hit 12.5. The June 20Cs are still too rich (read risky) for my blood. If it dropped quickly I would sell May 12.5Ps at the money. You might get 2 bucks per. Even though COOL has lost much of its volatility in recent days, the expectation (implied volatility) remains high because it is an e-tailer (or I-tailer or whatever the latest jargon might be). Are you looking longer term? jc