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To: Joseph Francis Torti who wrote (77953)11/11/1998 8:51:00 AM
From: Voltaire  Read Replies (2) | Respond to of 176387
 
Joe, Yes- You buy back the 60's - $1,179.00

You sell the 70's + $ 400.00

You pick up $10.00
per sh. in equity + $1,000.00

Net story - You will pick up a net of $220.00 in equity and premium. You should have short term loss on your buy back and depending on when you sale you would have a loss or gain on your stock. Hope this helps.

Voltaire



To: Joseph Francis Torti who wrote (77953)11/11/1998 9:52:00 AM
From: T L Comiskey  Read Replies (1) | Respond to of 176387
 
Joe....Yes you can do this............its a roll out..........if you wait till ex..day....the same move can be accomplished......all the Time factor disolves....and any volitility that MAY occur ...will be at hand..........waiting till 12;30 EX day...is better in my opinion.....but ....ITS YOUR MONEY..........Tim


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