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Technology Stocks : USRX
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To: Fred Fahmy who wrote (13652)2/26/1997 11:58:00 PM
From: Danny Stuckler   of 18024
 
Fred, I hope you don't mind me asking an options question at this point because I've never been faced with this situation. I'm holding Jan 98 leaps at a strike price of $70. Since I have no intrinsic value
until the price of USRX reaches above 70, how will the options price be affected by the merger news. Will these options continue to move with USRX's price or with COMS price. I'm unsure of the appropriate stategy to use with these options at this point. Any advice from anyone would be appreciated.
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