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Politics : Ask Michael Burke
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To: Monish Shelat who wrote (46123)2/8/1999 6:47:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Monish, they simply do not trade. I think folks from this thread at 150% of the open interest. <G> The bid has move to 2 15/16, offer to 3 1/8, which is a nice improvement for those of us who nailed them at 1 1/4. So, if you are marking to market, I would use the bid and ignore the last sale of Jan 29. That's the way we did it at mutual fund cos.

MB
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