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 : Alcatel (ALA) and France -- Ignore unavailable to you. Want to Upgrade?


To: Brian Fukuba who wrote (479)3/3/1999 2:29:00 PM
From: Steve Becker  Read Replies (1) | Respond to of 3891
 
Right.
I remember the YDI, YLI and YZS options from the DSC Comm days were options converted to reflect the 0.815 ALA shares per 1 DIGI share. Hence a YLI option contract is worth 81.5 shares of ALA at the strike price.

See details at
Message 6250197

Steve



To: Brian Fukuba who wrote (479)3/4/1999 4:32:00 AM
From: AlienTech  Read Replies (1) | Respond to of 3891
 
>>This option is different meaning 1 YLIAD option = 81 shares + $8.82 in cash that's why it is less expensive...<<

Hmmm shoudnt it be mroe expensive then?

.81 shares puts a value of 19.54 on teh shares at todays closing price of 24 1/8 plus the cash of 8.82 would make it worth like $28.36.

So they are way off the money here.