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Gold/Mining/Energy : Montello Resources -- Ignore unavailable to you. Want to Upgrade?


To: JP who wrote (3920)1/7/2000 4:42:00 PM
From: ddl  Respond to of 4256
 
10-1 JP it's a direct relative and probably close to his birthday!!!! Money makes the world go round and these guys know how to spin it..
I get the feeling I averaged down and I'm missing my chance to get out. :-(



To: JP who wrote (3920)1/7/2000 4:44:00 PM
From: Bob Basil  Read Replies (1) | Respond to of 4256
 
The two recent stock-option grantings, it seems to me, are a sign that MEO is starting to put together an organized promotion push -- which makes sense, with the oil-and-gas JV in the offing. At any rate, what's good for the options-holders typically is good for the shareholders.



To: JP who wrote (3920)1/8/2000 9:28:00 PM
From: Steve Johnston  Read Replies (1) | Respond to of 4256
 
In most cases the options also take time to get vested. Usually this is spread over five years. So, if you were granted 100,000 options , 20% would get vested on each aniversary date of the original granting. This would mean you could exercise, and sell, 20,000 shares after one year, another 20,000 after two years, and so on. If the stock rockets up before your options are vested, you can only hope the price stays up until your exercise dates. If they, on the otherhand, drop back down, you can only read the daily bid/ask and weep. Regards.