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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Annette who wrote (9118)2/26/1999 12:49:00 PM
From: Fast Eddie  Read Replies (1) of 27722
 
Annette and benchwarmers, re: Wilkerson's 'options" Sorry to bust your bubble but you're off base on these options. There are two types of options. The traded options we are familiar with (puts & calls), and then there are ISO's. ISO's are Incentive Stock Options that insiders get as part of their compensation. They get the right to buy stock at a pre-set price (e.g. $1.10 for Wilkerson). Cool deal if you can get it. He can now file to sell these shares after a certain holding period. He is most likely setting the stage to sell these shares into the strenght of IPO. Still a positive tho.
Fast Eddie
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