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To: cfimx who wrote (47382)2/13/2002 9:23:21 PM
From: QwikSand  Respond to of 64865
 
qwik, whose gonna write the book on the "age of excess"?

If I were a gambling man, which I have through painful negative reinforcement ceased to be, I would wager that the same guys who wrote "Dow 46,000" and "Dow 300,000" and so forth already have galleys back from the publisher.

--QS



To: cfimx who wrote (47382)2/13/2002 9:42:15 PM
From: Jerome  Read Replies (2) | Respond to of 64865
 
I think that you are interpreting the matter inadequately...

1) Options need to be exercised (usually within well defined periods of time)

2) The exercise of options creates an immediate tax liability.

3) The tax liability is solved by selling shares of stock.

This is done everyday and its just part of pay package. It happens in the best of families...:)

Jerome