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Technology Stocks : DELL Bear Thread
DELL 142.29+2.5%11:25 AM EST

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To: Marq Spencer who wrote (2309)11/13/1998 10:50:00 PM
From: Chuzzlewit  Read Replies (1) of 2578
 
Brian, that's an interesting thought. You could just apply the Black-Sholes model at the time the option vests. It misses the boat in one respect however. Options that you and I invest in do not create new shares. When a company issues stock options it very often creates new shares, and thus dilutes existing shareholders. At least Dell is not guilty of that bit of subterfuge.

TTFN,
CTC
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