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Technology Stocks : Alcatel (ALA) and France

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To: Brian Fukuba who wrote (479)3/4/1999 4:32:00 AM
From: AlienTech  Read Replies (1) of 3891
 
>>This option is different meaning 1 YLIAD option = 81 shares + $8.82 in cash that's why it is less expensive...<<

Hmmm shoudnt it be mroe expensive then?

.81 shares puts a value of 19.54 on teh shares at todays closing price of 24 1/8 plus the cash of 8.82 would make it worth like $28.36.

So they are way off the money here.
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