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Politics : Formerly About Advanced Micro Devices

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To: Elmer who wrote (83438)12/17/1999 6:44:00 PM
From: Kevin K. Spurway  Read Replies (1) of 1573242
 
Re: "Kevin, I can see you don't do this sort of thing."

I can see you've never tried to close out your position before expiry. If you had, you'd see my statement is correct.

BTW, I used to sell structured derivatives on the fixed income institutional desk of Merrill Lynch, New York--so don't question my understanding of options.

Kevin
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