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Technology Stocks : FORE Inc.

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To: GSD who wrote (12538)6/22/1999 9:36:00 PM
From: Tavros  Read Replies (1) of 12559
 
If you have long in-the-money call options, you need to exercise them. Since there is no stock, they will be exercised into $35. If you are short call options, you have to wait until you are called and may luck out and be on the other side of guys who are delaying their exercise for tax purposes!!!

Hope it helps...

tavros
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