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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: arnie h who wrote (15293)	2/13/2001 9:45:33 PM
From: Tom C	Read Replies (3) \| Respond to of 19079

Sanderson said the CEO had to sell shares recently because they were tied to options that would expire if he didn't." Since when do you have to sell shares to exercise an option? Sure options go away if you don't exercise the option during a certain period. I'm sure Larry could afford to exercise his options to BUY if he wanted to buy. Are you saying these were options to sell? He didn't have to sell he just had to exercise the options to buy. I can accept that he wants to diversify but it's BS to say he had to sell anything. Tom Edit: Of course there is the possibility that Larry has been granted so many options that even he can’t afford to exercise the option without selling shares to pay for the cost of exercising the option. But that’s like saying God can make a rock so big even he can’t lift it.