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Technology Stocks : Cabletron Systems (CS: NYSE) -- Ignore unavailable to you. Want to Upgrade?

To: Doug who wrote (5812)	3/24/1999 5:27:00 PM
From: BMcV	Read Replies (2) \| Respond to of 8358

Doug, do you mean the Yago thing? I think that if CS shares weren't above $35 eighteen months after the deal closed, the Yago people were going to get a bunch of extra shares. That deal was announced a year ago January, so the dilution should occur this summer or fall, making the not-so-bold assumption that we won't be over $35 then. But it won't be enough shares to make a difference. What do you think of the LEAPS? You can buy the 2001 10's for 3 5/8. If anything's going to happen, that should cover it. But I'm an options novice. Do you trade them?