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Technology Stocks : Long Term Investors' Outpost

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To: Uncle Frank who wrote (418)8/20/2002 6:28:14 PM
From: DiB  Read Replies (1) of 562
 
>It would be interesting to hear a few examples, Huey. I can't imagine how one could profit from a non-transferrable underwater option.

If I'm not mistaken, one example could be buying a put with the strike price close to the option's strike price and expiration date after the first batch of stock options becomes exercisable... This won't deliver immediate cash to the employee though...
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