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To: Paul Jamerson who wrote (12376)	5/13/1999 12:09:00 PM
From: J. Plesha	Respond to of 12559

I'm guessing they expire and become worth 35 bucks minus what ever strike. No commissions, no fuss, no muss. IMO. I'd check with a broker to make sure. Joe P.

To: Paul Jamerson who wrote (12376)	5/13/1999 3:14:00 PM
From: Elmer Flugum	Respond to of 12559

Strike Price???

To: Paul Jamerson who wrote (12376)	5/14/1999 10:34:00 AM
From: Tavros	Respond to of 12559

Paul, After the tender is completed the deliverable on the call options are no longer FORE shares but $35 cash. So all you have to do is, after the tender, you exercise your options and you will receive the difference between $35 and the strike price. I f you do not, the the option will remain there until the expiration day i.e., 2001, at which time they will do the same, i.e., pay you the difference between $35 and strike price. Clearly you do not want to do that, so you will exercise right after the tender is completed. Regards Tavros