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
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