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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: barry fowler who wrote (2994)10/31/1999 2:04:00 AM
From: Dan B.  Read Replies (3) | Respond to of 15615
 
Grants the right to buy. 35 plus the cost per share of each option is needed to become profitable with the purchase of these calls. How much are the calls? They are just that amount bullish above 35 'til January.

Dan B



To: barry fowler who wrote (2994)10/31/1999 9:23:00 AM
From: Douglas G Prettyman  Respond to of 15615
 
Barry, a call gives the holder the right but not the obligation to buy the issue at the strike price $35 on or before the third Friday in Jan. I am basicaly betting GBLX will go up before Jan . If it does I do fine if no I lose my butt.

Doug


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