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


To: Gerald Walls who wrote (11395)1/7/1998 5:20:00 PM
From: Sowbug  Read Replies (1) | Respond to of 77400
 
<<I believe that options normally split with the stock when it's an X:1 split. The reason that these were for 150 shares/option was that CSCO split 3:2.>>

Yes, I understand that. Maybe I haven't emphasized how little I understood what was going on at the time -- I mean, it didn't even register in my head that the option had split at all, although common sense would dictate that it had to.

It was like 10 wrongs making a right. But it's very, very right when you make a 200% return on your money in 10 trading days!