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Technology Stocks : Loral Space & Communications

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To: Dragonfly who wrote (3452)5/27/1998 8:38:00 PM
From: Dragonfly  Read Replies (1) of 10852
 
Ok, here's current LEAPS quotes:

ZLOAE (2001-25) 9 5/8
ZLOAF (2001-30) 8 1/8
ZLOAG (2001-35) 6 7/8

The prices seem to be settling down.

If you exercise at Readware's predicted 1999 price of $51, your money would have grown to:

ZLOAE: %270
ZLOAF: %258
ZLOAG: %232
Common: %198

Does this seem right? Doug, did you buy 2001 25s?

Dragonfly

Calculations:
E $962.50 to buy, $2,600 value after subtracting strike price, 2,600/962=2.70

F $812.50 to buy, $2,100 value after subtracting strike price, 2100/812.5=2.58

G $687.50 to buy, $1,600 value after subtractng strike price, 1600/687.5=2.32

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