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To: NITT who wrote (91028)10/27/1999 11:52:00 AM
From: Gerald Walls  Respond to of 186894
 
In addition, if they are 5-10 year old options, then most of the value is a gain.

The 1.2 million share options had basis, according to biz.yahoo.com, of 3.67 to 4.88 per share.