Cyrix 1 Where anything goes Message Board

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Technology Stocks : Cyrix 1 Where anything goes

CYRX 8.800

-0.3%

3:46 PM EST

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To: Mark A. Forte who wrote (316)	4/1/1997 7:42:00 PM
From: Investor A	of 640

Mark, There are two considerations for May call: 1) Cyrix might release M2 after the expiry date of MAY calls. It might force me to close my position earlier than I like. (You know that I am greedy!) For this reason, I would prefer AUG calls. 2) To pay 1 5/8 premium for MAY 20 call seems too expensive for me as I could take the stock at 17 1/2. If deducted this premium from the stock price, I only have to to 16. In additional, I could take the full course of appreciatition. What's wrong with my calculations? Thanks! Fuchi ... who loves Cyrix's innovations

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