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Technology Stocks : FORE Inc.

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To: Jeff O'Brien who wrote (11500)	4/3/1999 3:59:00 PM
From: tom pope	of 12559

>>How could those calls go to 1/16? << Why would 30calls be worth anything, let alone 1/16, if the final value of the stock is 28? >>What do you think would happen to the person who bought those call? << He'd have lost his stake. Just as he would have lost his stake if the stock climbed 10 points but closed below 30 on expiration day.

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