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.

Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (1087)	5/18/1999 8:24:00 PM
From: Daniel Chisholm	Read Replies (2) \| Respond to of 10293

They are offering IRID Oct 10 puts for 5 each. What a deal. If I could short the stock I'd be willing to sell them at that price. Seriously? Don't you think that there is a very real chance that IRID will trade below $5 by October? (In which case a put buyer would come out ahead) It really strikes me as odd (read: totally out of whack) when a company's bonds trade at a level that indicate default is a very real possibility (e.g., IRID, LWN, RYO), and yet their equity is blissfully priced as if nothing much is really wrong. - Daniel