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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?

To: Bob Howarth who wrote (21963)5/12/1998 6:25:00 PM
From: Ben Antanaitis  Respond to of 42771
 
Bob,

There are paragraphs in the CBOE document about how extraordinary situations would be handled.

cboe.com

I personally haven't a clue about your scenario... :-))

Ben A.



To: Bob Howarth who wrote (21963)5/12/1998 9:41:00 PM
From: dwight vickers  Read Replies (1) | Respond to of 42771
 
Since you're probably in a margin account with your $10 options you should be able to get by with no cash on a $20 takeover.

You would have $10 of equity on the exercise.

Dwight


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