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Technology Stocks : Compaq

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To: John Koligman who wrote (58103)4/15/1999 8:15:00 PM
From: rudedog  Read Replies (1) of 97611
 
John -
Keep in mind that EP has been with CPQ for more than 15 years and received options for most of that time. Most of those would have split many times. CPQ options are "use it or lose it" after 10 years. A few years back, someone told me that EP often forgot about expiring options until his admin reminded him, often at the last date he could execute, so it's a good assumption that he is sitting on close to 10 years' worth at any given time.

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