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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: Tim McGee who wrote (34138)9/15/1999 7:38:00 PM
From: KyrosL  Read Replies (3) of 45548
 
Tim, there is not much sophistication involved. Take the more complicated case of selling calls. If you own shares of Palm through your COMS ownership and Palm is at $75 and you want to cash out at this price, sell a deep in the money call for a price close to $75 and an expiration date a little after your distribution date. This way you will actually get more than $75 for your stock because of the time premium of the call you sell.
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