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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: schlep who wrote (5916)3/22/1999 10:12:00 AM
From: otter  Read Replies (1) of 6565
 
Echoing Michael S.... (Sorry Michael) (1) IF the options were non-qualified options, an acquiring party could undo Big Al's options agreement. (2) Also, it appears SEC regs would prohibit him from exercising the options during a hostile takeover. The suggestion is that he knew this was about to happen and moved while he could.

See the links here. Good (if not fun) reading. Message 8422647
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