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Politics : Formerly About Advanced Micro Devices

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To: Gary Ng who wrote (94179)2/18/2000 11:03:00 PM
From: Joe NYC  Read Replies (1) of 1578495
 
Gary,

I believe he can also choose for cash settlement. That is
what Schwab told me about "in the money" ones.


How would that work? Someone would have to be on the other side of the transaction taking on the risk of receiving the shares on Monday and selling them on the open market.

Unless Schwab somehow has open positions in their own account that they would like to close.

Joe
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