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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.25+0.6%Dec 19 9:30 AM EST

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To: StockHawk who wrote (45856)10/23/1999 2:24:00 PM
From: Cooters  Read Replies (1) of 152472
 
<<I would agree that they Should exercise automatically, but it depends on the broker - >>

One more thing to add. A broker may choose, absent specific instructions from the client, to exercise in the money options and then reverse(sell the stock, in the case of a call) the exercise to protect themselves. Schwab did this to me about 10 years ago.

Cooters
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