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Strategies & Market Trends : Options

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To: Jean M. Gauthier who wrote (8056)8/3/2000 3:09:11 PM
From: Tom K.   of 8096
 
Jean, I think that Bridge Player gave you a more well rounded response.

I was simply responding to the question of obtaining the McData spin-off, i.e., your need to own the shares.

Regarding the interest cost on the funds if you exercise, I assume that you currently have collateral requirements now that should be close to the margin needs for the exercise. Therefore, interest should be a minor factor in the equation . However, it's wise of you to consider all aspects.

BP's point is well regarded.... take what the poster's write (me included) with caution.

By the way, back in the mid 70's I lived off the Queensway out toward Kanata. Loved Ottawa.

Tom
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