Advanced Fibre (AFCI) ** IPO Message Board

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Technology Stocks : Advanced Fibre (AFCI) ** IPO

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To: Vegas who wrote (1331)	12/9/1998 8:26:00 PM
From: riposte	Read Replies (1) of 3299

Correction (?) <<..So for 500 shares you'd get $685 pocket change. (I paid $12 per share minus the $1.37 I got back which makes my net-adjusted cost per share $10.63) Now if AFCI goes above $15 by options expiration in March, bang my shares get called and I receive a price of $15 each. Needless to say if AFCI is $20 at the time I just got beat for $5 a share...>> Vegas - Actually, if the price is $20, and the 15's get called, you've essentially sold them for 16.37, so that takes some of the sting out of it. Is this right? I haven't gotten into options yet, except for on paper. Steve

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