[Elecraft] K3 Derivatives

[Thom LaCosta]

On Sat, 1 Sep 2007, Fred Jensen wrote:

> I've noticed several offers to "buy" K3 1st and 2nd Prod run "positions." 
> Haven't seen any offers to sell yet.  In the securities business aren't these 
> sort of actions called "derivatives?"  Would someone pay more for the 
> position than the current holder of the position originally paid Elecraft? 
> Production run positions could be traded on an open market like eBay or 
> Craigslist or [gasp] the NYSE.

Another view might be that the seller would receive emotional income by no 
longer having to agonize over delays, and relief that his/her deposit monies
had been recovered, thus no premium charges might apply.

Even if this market opened up, there might be a small number of orderers who 
would rather complain than either wait or dispose of their position...and they 
may receive emotional income from that stance.

73 k3hrn
Thom,EIEIO
Email, Internet, Electronic Information Officer

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