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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Think4Yourself who wrote (64683)4/15/2000 12:28:00 PM
From: Razorbak  Read Replies (1) of 95453
 
[Off-topic] Ways to Hedge the Lock-up

"Q": There are ways to hedge against that market risk. My brother works on Wall Street selling customized equity derivative packages to executives with long positions in their own company stock specifically to hedge against that kind of downside exposure. If those guys in lock-up were smart, they would have protected themselves accordingly. Unfortunately (or fortunately, depending or your perspective) most entrepreneurs aren't very risk averse.

Razor
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