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Technology Stocks : All About Sun Microsystems
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To: Charles Tutt who wrote (31051)4/17/2000 10:43:00 PM
From: Gerald Walls  Read Replies (1) of 64865
 
What is the sense of a put that is payable in stock? The person exercising turns over stock in exchange for stock? That simply doesn't make sense to me.

If a person had 100 shares at 75 and a put at 100 head turn in his 100 shares and get back 133. This wouldn't affect cash but would be, of course, dilutive.
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