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Technology Stocks : AMD:News, Press Releases and Information Only!

AMD 230.23

-4.3%

Nov 18 3:59 PM EST

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To: Kevin K. Spurway who wrote (5893)	4/30/1998 12:54:00 PM
From: Kenith Lee	Read Replies (2) of 6843

Kevin, Most people I know of usually "never" take procession of the shares. There is no incentive for insiders to take procession without disposing them unless he is planing an LBO or knowing more upside ahead. Most company will lend the exercise money upfront to the option holder should they elect to dispose the shares in open market. The company will then deduct the difference after 3 business (settlement) days. If they just take procession without selling, they will have to put up the money on their own and risk any downturns.

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