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Re: Ellix post# 111175

Friday, 06/03/2005 11:52:11 AM

Friday, June 03, 2005 11:52:11 AM

Post# of 433047
I said. If he wants to exercise the options that he had "NOW". It would be much cheaper to CLOSE OUT call options that he had then buy shares instead of exercise option. You never want to exercise option when they still have TIME VALUE. Read again. The cost of option that he paid before had nothing to do with it.

I have been in option so many years. I know.


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