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To: GST who wrote (139281)	2/14/2002 10:19:18 AM
From: H James Morris	Respond to of 164684

They're now. Btw I'm not against stock options. I do think companies should expense them, and the excesses at the executive level should be curbed in.

To: GST who wrote (139281)	2/14/2002 10:23:43 AM
From: 10K a day	Respond to of 164684

They are absolutely free. I would even go as so far to say... If you wanna' avoid the stock sale... (insider paying taxes)... and want to short your own stock.... just give the paper back to the company.... what is the company going to do with it... (I don't know ask Kenneth Lay) I remember when Iomega (essentially) shorted their own stock price. If the MM's go short... and the insiders don't wanna sell... the MM's can just call up joe shareholder and say... HEY... you better sell cause this POS is goin' down... I don't know... I guess you could even fold it in to some debt.... Insure the debt against some other POS going down... Lots of ways to erase worthless stock options... and get something for them.... If you own the playground. I think thats the question if CitiCorp had some carnival knowledge of Enron...Something about folding some debt (worthless stock options) in to some kind of insurance...What a hoot.