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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Harold S. Kirby who wrote (31671)	6/18/1999 9:22:00 PM
From: luther yow	Read Replies (1) \| Respond to of 45548

Harold, My discount broker exercises any option with a value of .50 or more. Don't know if that is the way on line companies do. Need to check Monday and see if you bought the stock. IMHO. Happened to me once and was able to sell the stock immediately for a small profit. Luther

To: Harold S. Kirby who wrote (31671)	6/19/1999 11:36:00 AM
From: S. M. SAIFEE	Read Replies (1) \| Respond to of 45548

If premium is 3/8 or more the option is automatically exercised. Monday morning you have stock. You could watch whole day and sell at some point. My guess is stock will run to 30 early trading. Best time to cash out. By the way I was short June 27 1/2 calls, had shorted for 3/8 premium on thursday so you may get my stock. However I was also short June 30 put so will get stock @ 30.. I also shorted July 27 1/2 puts at 2. I will sell my stock on Monday and will by LEAPS strike 30 for 2001 thus getting out of stock and have long position till end of next year. Premium for the leaps is paid for by premium collected on last months short calls and puts.