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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 9:30 AM EST

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To: username who wrote (35682)2/21/1998 3:00:00 PM
From: Marc Hyman  Read Replies (1) of 61433
 
options/diluted earnings thing under control

Pete: I don't think incentive options play a part in diluted earnings until they are vested. I don't know the current terms, but it it used to be a 4 year vesting period with 25% on the 1st anniversary and then 1/48 per month for the remaining three years. Options could also be given as a form of bonus. Those vested at a flat 1/48 per month. Ascend has always been generous with options.

Of course I could be 100% wrong :-)

// marc
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