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Technology Stocks : Manugistics, Inc. (MANU)
MANU 16.07+0.8%3:59 PM EST

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To: Rashley who wrote (792)6/16/1998 10:51:00 PM
From: StocksUp100  Read Replies (1) of 1670
 
RA,

Gibson may have exercised 200,000 options, but what really matters is what he did with them. Perhaps he put a collar on them - e.g., bought enough corresponding puts thereby locking in the current underlying value of the stock (and taking away the potential for upside). Noone really knows what his true exposure is with these shares.

SU100
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