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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?
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To: Amir Shalit who wrote (1258)6/23/1997 11:52:00 AM
From: yard_man   of 3431
 
Amir,

The June 15's which I didn't buy back were exercised. I saw the credit in my account today. I guess 1/4 is enough to make worthwhile for some folks to exercise -- I think my broker will exercise an in the money option if it is 1/4 in the money unless otherwise instructed -- this is really good to keep in mind if one is long a small number of contracts which are close to strike @ exp.
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