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To: Victor Lazlo who wrote (102333)4/27/2000 10:28:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I suspect many
msft employees have liquidated the vested options they have, and are now staring at their
worthless or almost worthless options that are not yet vested.


That is obvious which is why the stock option conversion price was lowered.