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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Momo Dog who wrote (3911)3/3/1998 11:39:00 AM
From: Ploni   of 18691
 
Subject: LAMR

Thanks; you are correct. LAMR did split 3:2, and not 2:1, so I really only need the stock to drop below $ 16.67/share.

Unfortunately, my puts will still most likely expire worthless. Sigh!

It's interesting that the CBOE website doesn't seem to have accounted yet for the split. This would be pretty bad if a person didn't know that a split had occurred, and that the strike prices shown need to be adjusted!
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