C-Cube Message Board - Msg: 1133903

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Technology Stocks : C-Cube

CUBE 36.52

+0.3%

Dec 12 9:30 AM EST

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To: John Hunt who wrote (12748)	4/5/1997 11:35:00 PM
From: Gregory Rasp	of 50808

John, Can you or someone else explain something about the option market. I notice that there is a CUBE Nov 97 call 25 for 5 7/8. Does that mean that someone can purchase the option to buy 100 shares of CUBE at $25 for $587.50? AND, if CUBE goes above 30 7/8 before November of this year, you are in the money? It seems like a pretty good bet that that will happen. Your total risk is $587.50 right? GR

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