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Strategies & Market Trends : Options

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To: Jean M. Gauthier who wrote (5455)3/23/2000 5:20:00 PM
From: taxman  Read Replies (2) of 8096
 
i bought 15 calls on stratacom back then (a 7,000 dollar investment). stratacom was bought by cisco in a one share for one share merger. i exercised the 15 cisco call contracts. i now have 13,500 shares.

listen to your taxman. there is no such thing as an overpriced put or call. buy them--don't sell them.

regards
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