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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: Trey McAtee who wrote (4432)9/24/1998 6:02:00 PM
From: Linda Kaplan  Read Replies (2) of 6565
 
Trey,

I actually don't have the money for the buy but I'd better get it soon, now that you remind me. I will be assigned at options expiration, if not before, and that would be October 16th, so there's only about three weeks till then. I was already assigned 800 shares a few weeks ago, and there will be 1200 more, so assuming I use margin for the buy I will need $9000 of my own cash in my account there to cover the buy.

Of course, if VLSI closes at or above $15 on October 15th if I'm not assigned before then, I won't be assigned.

Linda
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