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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?

To: ccryder who wrote (1652)	1/2/1998 1:31:00 PM
From: Geoff	Read Replies (4) \| Respond to of 10852

Feb 5. sounds like a good day to celebrate as well. However, I would imagine that there won't be a lot of television coverage for the launch. Maybe I can talk to the Cape and see if I can get a real-time video feed via RealNetworks and show the launch on the FAQ.* Exercising the April 12.5s. Since I am still new to the options game, what exactly happens when you exercise options? Do you pay the premium just to get the option, and then strike price for the underlying shares? Those Aprils APR 12.5s are bidded at 9 1/ 8, I wonder if I might want to get in on that action. I need to think about it, the premium seems pretty cheap still, though they seem to want to be traded higher. I think I'm just going to load up on LOR on monday when I sell my MSFT calls. I made a killing on the Jan 130 PUTS two weeks ago, and now am up over 100% on the Feb 145 CALLS. Time to put that money into more LOR. geoff * A little left-over New Years Eve/Rose Bowl talking.