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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: y2kate who wrote (359)	12/29/1999 4:36:00 PM
From: Jill	Read Replies (2) \| Respond to of 8096

Hi y2kate...I've had some talks with Voltaire and he says do it immediately as there will be a stampede to sell, and if you want to sell any, it should be done right away, then you can of course exercise at your leisure up until options expiry (although taxman has said one can even exercise on a saturday--). Greater liquidity and rush to sell means MMs can determine the price, separate from the underlying, and you might lose out on some cash if you get caught by that... Jill