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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!

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To: schlep who wrote (6538)6/4/1999 5:14:00 PM
From: Linda Kaplan   of 6565
 
Sorry, I'm out of town and have had trouble getting on line. You should really do the math. They have to pay you off by the time your options expire, mid-July, or sooner. You won't get 21 if you sell in the open market, so you have to figure out which is better for you.

I had no way of knowing when they'd pay me off, so that's why I did it this way; my options had years to run.

I ended up selling most of the shares today, ended up with 1500 shares. I didn't sell and I could keep them till they take them, or could sell them next week. I sold the rest at 20-31/32.

Linda
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