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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (40168)4/17/1998 10:48:00 AM
From: Patrick Slevin   of 58727
 
I think they wished to pay a premium on them so if an overnight debacle did in fact occur they were hedged.

The valuation thing I sort of forget. I think they take the opening price on each issue and that's the number. But I don't recall for certain.
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