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Strategies & Market Trends : Value Investing

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To: jeffbas who wrote (14049)	2/28/2002 5:36:24 PM
From: Jurgis Bekepuris	of 78717

Jeff, >Let's say a CEO chooses to take all options instead >of cash salary - he sure isn't being paid nothing. This is non sequitur. Let's consider another situation: "Let's say a CEO chooses to work for free instead of cash salary - he sure isn't being paid nothing." How would you account for this situation? Jurgis - Maybe you could calculate Black-Scholes value on probability that CEO will work for free next X years... :-)))))

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