SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: Eylon who wrote (892)1/10/2000 1:39:00 PM
From: SecularBull  Respond to of 8096
 
Your Time Warner options will be converted to a new series of AOL options on the effective date of the merger, unless I'm mistaken.



To: Eylon who wrote (892)1/10/2000 1:43:00 PM
From: edamo  Read Replies (1) | Respond to of 8096
 
eylon...re aol/twx

if the deal is 1.5 twx for 1 aol share, with no caps, then on the day of settlement the twx will convert at that ratio regardless of aol price. similar situation was aol/nscp...closer it gets to finality, the less the spread of share price is....it will eventually lock in at the 1.5 ratio. again as in nscp, the twx option will become an "new" aol option symbol with the 1.5 ratio built in.