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Technology Stocks : Compaq

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To: Eddie Kim who wrote (23419)3/26/1998 1:50:00 AM
From: James F. Hopkins  Read Replies (1) of 97611
 
Eddie; I'm not a broker and it's good you asked yours, and I
feel sure if he told you that it's right..
very likely any you see with the standard strike prices
25 , 27.5 , 30, 32.5 , 35 like that are 1 for 1 or 100 to a contract
-----------
but the numbers like 26 27 28 29 31 32 33 34 36 note I skiped
( 30 and 35 ) as they are standard..well them others likley
are from the pre split and have a multiplier in them..
check with your broker if in any doubt..I didn't untill
after and was shocked to find my ticket ( history file showed
the right number of contrats I ordered ..the right price,,
but the amount of money to be setteled on was much larger,
so at first I thought it was a computer glich..no glith..
thats the way they work..dhaa..why didn't you call us first <G>
As it is I came out smelling like a rose..but my had they moved
against me I would have been in a jam.
Jim
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