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Technology Stocks : Digital Equipment Corp. (DEC) -- Ignore unavailable to you. Want to Upgrade?


To: Kelvin C.P. Wang who wrote (2947)2/11/1998 5:41:00 PM
From: hpeace  Read Replies (1) | Respond to of 3276
 
one dec contract will not be 100 shares anymore.
it will be 94.5 shares.
it's just like when cpq did a 5 to 2 split last summer.
a contract became 250 shares not 100 shares...
it messed me up once when i bot 30 contracts last summer.
I thought I had bot 3000 shares and it was 7500 shares<wow>...
it turned out okay....cpq went up.
I had 100 contracts right after their split announcement and I was rewarded handsomely



To: Kelvin C.P. Wang who wrote (2947)2/11/1998 6:55:00 PM
From: George Dvorsky  Read Replies (1) | Respond to of 3276
 
I have no idea. If they are scaled like the common (.945 per contract) the strikes get messy. But computers don't care about that so maybe that's the way.

gd