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To: mansan who wrote (24591)6/23/1998 12:53:00 PM
From: Pierre Aydin  Respond to of 36349
 
Your call options would be converted to the purchasers options on the closing of the merger.

btw, I learned to be not to be greedy when it comes to investing:)

Pierre



To: mansan who wrote (24591)6/23/1998 12:55:00 PM
From: Chicago  Read Replies (1) | Respond to of 36349
 
Manny,

Statistics say that 70% of people that
play options loose money, so first of
all congratulations on being "in the money".
Depending on the number of contracts that
you own, many suggest that when you double
your money, sell half of your contracts and
let the others run...just watch them closely!

Best Regards,
Chicago

P.S. What is your strike price on these calls?


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