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Technology Stocks : Bolt, Beranek & Newman [BBN]

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To: Jim Hott who wrote (291)5/22/1997 5:59:00 AM
From: Jim Hott   of 307
 
Perhaps my previous question (290) was not clear. I have JUL 30 Call options for BBN. Should I dump it for anything I can get or will it still have a "life" beyond the June 6/9 (GTE buyout window, I believe)? What is the likelihood this will get above 30? I don't know (nor do I have a copy of the buyout agreement) when the buyout by GTE is to be done. After that date (whatever it may be), will BBN stock still exist (for those who don't sell @ $29/sh), between GTE equivalent stock or just vaporize?

Thanks for you input ....
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