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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?
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To: Zeev Hed who wrote (4147)1/26/1999 11:43:00 PM
From: Carl R.  Read Replies (1) of 4697
 
OT-

OK, that is fair enough. Now allow me to complicate the matter a bit. My original position in AXC was 8000 shares, and I sold 7000 of them, but I still have 1000 of the original shares, plus I have purchased the others back at about the price I sold them for. Thus you could argue that I never completely closed my position, and thus was not really entitled to the golden hook at all. How does that change things? Do I lose my initial hook altogether and start over? That 1000 shares is now up over 3x, so do I get the golden hook, plus a separate hook (if I sell) for the shares I held? Or am I still working on the original hook since I have never been completely out?

Carl
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