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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Crazy Canuck who wrote (14822)3/18/1999 6:39:00 PM
From: XOsDaWAY2GO  Read Replies (1) | Respond to of 64865
 
>>>I am expecting (hoping, wishing, pleading for) an average of about $118 to $120 pre split. This will allow me to sell my options for a good profit, and then buy more shares.<<<

I have the APR 85c. I've been wondering when it becomes cost efficient to exercise the call instead of taking the profits on the position. Anyone??






To: Crazy Canuck who wrote (14822)3/18/1999 7:38:00 PM
From: crh02  Respond to of 64865
 
It is my impression that at some point that SUNW's stock will trade on a "when issued" basis (ie 1/2 the full price) before the actual split thereby solving the problem. This would be just a bookkeeping entry. Let me know if I'm all wet. Good luck, crh


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