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Technology Stocks : International Rectifier (IRF) -- Ignore unavailable to you. Want to Upgrade?

To: Andrew who wrote (1487)	7/19/2000 1:08:44 PM
From: DanZ	Read Replies (2) \| Respond to of 1712

Andrew, An in the money call can be exercised at any time by the buyer. In reality, they use a pooling system and you are unlikely to get called this many months from expiration since the option is only in the money by about $5. If the option is in the money at expiration, you will almost certainly get called. You won't receive any advance notice from your broker if the option is exercised. You will just notice that your stock has been sold for $55 and the option will be gone from your account. Hello to all my old friends if you are still here: Doc, Marvin, and Al. I haven't been in IRF for quite some time and am happy for those of you who are doing so well with it. It's amazing, but the stock was up more the other day than it was trading for at the bottom of the bear market in semiconductor stocks (~$4). This is only my opinion, but I think that a lot of good news is priced into IRF and other semiconductor stocks. The bull cycle has also been longer than average for semiconductor stocks. Caution is advised. Best of luck all. Dan