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To: Jan Crawley who wrote (35690)2/21/1998 12:18:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
Would you elaborate a little more about the 3%.

Eighty percent expire worthless and seventeen percent are closed by the option holder. I would happy to elaborate more but am not sure what there is left to say. Give me a hint:-)

Glenn



To: Jan Crawley who wrote (35690)2/21/1998 1:33:00 PM
From: George Coyne  Read Replies (1) | Respond to of 61433
 
<<<This is unlikely. Less than 3% of all options are assigned. Most option positions are close rather than having an assignement.>>>

Jan, I don't personally know about the numbers, but what Glenn is saying, I believe, is that only 3% of options are exercised.

G. W.


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