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To: Dale Baker who wrote (23217)12/12/2000 9:11:00 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
Vivendi options - finally figured this one out. The Jun 12.5 calls were reduced from 100 shares each to 20 shares each with the new ADR price. The new strike should be 62.5.

So ten contracts of VFV is now ten contracts of ONVFV that say June 12.5 but the effective strike is 62.5, and they control only 200 shares instead of 1000.

Someone correct me if that isn't right.



To: Dale Baker who wrote (23217)12/12/2000 9:15:50 AM
From: JSBRead Replies (1) | Respond to of 118717
 
You might check with Ripleys as she could
be the best traveled cat around. <gg>

Maybe she could right a travel column.


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