SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Night Writer who wrote (40804)12/22/1998 4:19:00 PM
From: trouthead  Read Replies (4) | Respond to of 97611
 
Well well well. Looks like CPQ is going to close unchamged after being down for most of the day. Interesting. Does this end of day buying mean we will be up in the morn?

jb



To: Night Writer who wrote (40804)12/22/1998 4:49:00 PM
From: Bruno Cipolla  Read Replies (3) | Respond to of 97611
 
my DEC jan 99 40 calls were converted 1 for 1 into CPQ (DEYXX)
calls
their value is calculated as: 1 dec share= 30$ + 0.945 (or similar)
CPQ shares.
so when dec stock was 60$, dec jan 99 40s (DECAH) were 20$ in the money
DECAHs got converted into DEYAHs one for one.
now each DEYAH is worth 30$ cash and 0.945 CPQ shares
so, if cpq is 43$ it is like if DEC shares would be worth each 30$+0.945*43$ = 70.635$ plus some time value, that is each DEYAH should be 70.635$ - 43$ = 27.635$ in the money.

I think that if/when i'll exercise the options i will get 30$ cash and 0.945 whatever CPQ.

now, what should i do with my contracts?
i think it would be good to exercise the DEYAH (99/40) and get CPQ stock for about 10$... and sell the DEYAL (99/50) and DEYAJ (99/60)

b.

and sell the DEY