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


To: James A. Shankland who wrote (16481)8/28/1998 10:06:00 PM
From: Logos  Respond to of 77400
 
RE: <<Question for the thread. I went and bought 5 Cisco calls today. What happens to them when the split happens, assuming I hold on until Sep 15? It's a 3 for 2, but that gives 7.5 calls. How are such situations resolved? Thanks much.

They become options for 150 shares at 2/3 of the original strike price.>>

Thanks to the thread for the answers. Actually, I expect to remove the whole issue by buying another 5 CSCO calls Jan 99 100's. Well, here's to Cisco and the digital future.

Logos