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Technology Stocks : VISIO Corp (VSIO): Big ISO 9000 Play

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To: TobagoJack who wrote (513)1/11/2000 12:28:00 PM
From: Tim O.  Read Replies (1) of 522
 
I finally got the converted MSFT shares on my Brown account today. The options still haven't been converted. The CBOE still has not issued a bulletin on how the options will be converted. I'm assumming (from past transactions) that each VSIO contract will now be equivalent to .45 MSFT contract with the strike price divided by .45. All Jan-Jun options (puts or calls) will not terminate until expiration.

Example: 10 VSIO Jan 45 C (1 contract = 100 VSIO shares)
=>10 MSFT Jan 100 C (1 contract = 45 MSFT shares)
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