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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: jimleon who wrote (31378)1/21/2000 7:59:00 PM
From: Jimbo  Respond to of 77398
 
Depends on your broker ! Read their fine print !



To: jimleon who wrote (31378)1/22/2000 8:54:00 PM
From: TigerPaw  Respond to of 77398
 
It is up to the person who payed money whether they want to excercise or not. You didn't sell to anyone in particular so it's kind of an average or luck-of-the-draw. I don't think most brokerages will automaticly exercise on 1/4 point, but if an individual really wants Cisco (which may be why they bought the call) they will ask for it, and be granted the shares. If you were matched up with a mutual fund who was hedging, I would guess they would pass. Wait 3 days and you will know.
TP