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blueskywaves

05/04/03 12:12 AM

#22671 RE: JimLur #22670

No, Jim. Why? It won't be worth it. IDCC management now has to establish its credibility during IDCC's growth stage so why bother?
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blueskywaves

05/04/03 12:54 AM

#22672 RE: JimLur #22670

Additionally Jim, IDCC doesn't have a very liquid options market so anybody who tries to go for size creates his or her own pricing reality and will probably get nickled, dimed and quartered to death for the privilege. Definitely not worth it.

I say IDCC should try to keep it as simple as possible while it establishes its credentials as a growth company.




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broken80

05/04/03 10:50 AM

#22693 RE: JimLur #22670

jim>>> I have been very successful in selling puts on IDCC. Most recently I sold the Apr 20s and the stock closed over 20. I now hold May 20s, June 20s,
sept 20s, and Sept 25s. The premiums are excellent. Right now you can sell a Sept 20 for $2.25-$250.If it is put to you you are buying the stock at 17.50. Unless the stock falls apart which we hope will not happen and you are bullish on the stock this is a great sell. The premiums are even better if you go further out. I do not like to tie things up for more than 3 months. Again, if you are bullish on the stock long term and would not mind owning it if it were put to you this is a great way to pick up some extra cash. It has been put to me on occasion but then I sell calls on the stock.