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To: otter who wrote (6373)5/3/1999 9:48:00 AM
From: Linda Kaplan  Read Replies (2) | Respond to of 6565
 
That's interesting and would effect me. Could you explain that a little more clearly? Say I held my 17-1/2 leaps and the buyout came at 21, so I'd get 3-1/2 in cash for the leaps by just holding them and not selling them? I'd not pay the commission for selling them? And that money would come not on the expiration of the leaps but on the effective date of the buyout?

Linda