From: dlv@bwalk.dm.com (Dr. Dimitri Vulis)
Date: Wed, 6 Dec 95 12:53:03 PST
To: cypherpunks@toad.com
Subject: Re: No More Netscape Comments from Me
In-Reply-To: <199512061647.LAA12675@jekyll.piermont.com>
Message-ID: <XZFPFD3w165w@bwalk.dm.com>
MIME-Version: 1.0
Content-Type: text/plain


"Perry E. Metzger" <perry@piermont.com> writes:
> Robert Hettinga writes:
> > >So, have fun riding the Great Internet Bubble of 1995!
> >
> > Yeah... I wonder what the price of Netscape puts around, say, March are
> > these days...
>
> No conventional options are available on Netscape yet. The price on
> custom options is high, and you have to trade a very large (quarter to
> half million dollar) sum in order to get them.

But you can already sell it short. (I.e., you sell shares of Netscape now
for future delivery, hoping that before the time you must deliver them, the
price will go down and you'll be able to buy the shares to cover the sale
at a lower price than you sold them for.)

Someone I know sold a bunch of Netscape short about the time the various
cracks were announced on this mailing list.  Unfortunately for him, the
price didn't go down.

---

Dr. Dimitri Vulis
Brighton Beach Boardwalk BBS, Forest Hills, N.Y.: +1-718-261-2013, 14.4Kbps