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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 79.52-2.4%11:55 AM EST

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To: Roger Lewis who wrote (3915)6/6/1999 4:46:00 PM
From: Roger Hess  Read Replies (1) of 6846
 
If a Qwest executive exercised the right to sell options, I see no reason to fault him. The reason you sell options is because the price of the stock has gone up to point where you can make a good profit.

Isn't an option to right to purchase a stock at a set price? You turn around and sell it for a quick profit. That would mean you didn't already own it, and it wouldn't dilute your percentage of ownership, would it?

Another way to put it: Why have options and not exercise them?
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