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Technology Stocks : Warp 10 Tech. (WARP)

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To: Jay D. who wrote (865)12/19/1997 3:38:00 PM
From: larry pollock  Read Replies (1) of 1164
 
I received the current annual report/proxy statement today. Shareholders are being asked to approve a repricing of options for all employees, which includes senior management. The repricing request is for an exercise price of $1. If the request excluded senior management, I could probably agree. Otherwise, I think the deal stinks.
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