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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Gush who wrote (3958)	1/17/2005 8:43:16 AM
From: Vendit™	Read Replies (1) of 8752

The Leaps are some that were "given" to me as part of an incentive package in a deal that I made when I sold a software product that I created to a fortune 500 company. They had a three year window in which I had to hold and a 10 year window in which they would expire. At the time they were given to me the stock was trading at $22. It has split two for one since then so the cost is now $11.00 and the stock is trading at $40.00 so my profit is $29.00 x 10,000. Since these shares were not bought on the open market they would not fit into the same category as your GIR 2006 60 strike calls(leaps).

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