|
PureBytes Links
Trading Reference Links
|
Another way to play the PSFT trade is to buy some PSFT leaps (call side).
The ones I bought on Nov 12 were "WOZ AD (PSFT JAN2002 20 call) @ $6.
Today it closed at $ 10 3/8.
By the way, if you're interested in option quotes, here's one very useful
website:
"http://www.tradepbs.com/cgi-bin/dbsclient?TYPE=F3&TAG=01QUOTEquote";.
A word of caution. One of my systems gave a buy signal on PSFT tonight. I
think (for myself, at least) it's too high to get in now. Better wait for
some pullback. (Maybe a good intraday oscillator-type indicator will do
the trick: wait for it to back down to an oversold level and cross above
this level..)
Regards,
Wong
ps: The main reason I was in the PSFT leaps is during the last 12 months,
I had been buying PSFT (then) leaps and losing - the old ones I've been
holding are now almost worthless - exercise price = 35. I've been watching
this stock very closely, and only recently did it show any sign (? - guess)
of revival.
=============================================================================
In a message dated 11/18/99 7:10:22 PM Eastern Standard Time,
bobrabcd@xxxxxxxxxxxxx writes:
><< PSFT 52 week high 26.38, low 11.50, 11/18 close22 13/16.
> http://www.techinvestingonline.com has a year dec2000 target for PSFT of
> $34. Buy limit is 18. The claim is only PSFT and ORCL are internet ready.
> Also PSFT made a bid for Vantive, VNTV for 0.825 shares of PSFT for every
> share of VNTV. You could have bought VNTV and effectively saved $1 on the
> cost of PSFT shares. When the deal closes in the March quarter, you'll get
> your extra stock. That was a few weeks ago. "arbitrage" probably does not
> exist now. >>
|