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Technology Stocks : Dell Technologies Inc.

DELL 133.78

-0.1%

3:59 PM EST

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To: Chuzzlewit who wrote (82182)	11/24/1998 4:16:00 PM
From: BGR	Read Replies (1) of 176387

CTC, You are assuming the probability of the stock staying at or above the strike price to be the same across all the periods. That is not true. It is higher for longer terms. Adjusted for the probabilities, the strong form of EMH should hold. -Apratim.

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