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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: DRBES who wrote (94238)	2/19/2000 9:07:00 AM
From: TGPTNDR	Read Replies (2) \| Respond to of 1573733

DRBES, RE:$40.25, a price which renders... I called my broker(Fidelity) this morning. They are saying that the $43.00 trade is a valid trade which will be used to determine which options are automatically exercised and which are allowed to expire. $42.5 expires(Not within $0.75), and $40 will be bought. The sum received from the settlement will depend on Monday first trade, at which time the settled options underlying shares will be bought and sold. As I have never been through a case where almost $3.00/share question stands I asked(This morning), that 3/4 of the shares represented be in the money be held in the account(The exercise is automatic) and that 1/4 be liquidated.(I want to see how this goes down.) I was told that that would be done 'On a best faith effort since the time when I had the right to request exercise had expired' & that I should call back Monday between 8:30 & 9:00 to 'contact a floor trader' and verify that my request had been received. I'm interested in seeing how this plays out. I'll let you know. tgptndr