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To: Zeev Hed who wrote (65159)12/23/2000 11:03:47 PM
From: Casaubon  Read Replies (1) | Respond to of 99985
 
then their problem is with handling margin not the AMT tax which they will be responsible for paying.

those guys had options at $60, when th stock was $120 they exercised the options, but had to borrow to exercise these.

No such thing. They chose to borrow.