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To: LLCF who wrote (169580)5/9/2002 3:10:59 AM
From: Elroy  Read Replies (1) | Respond to of 176387
 
"<<Shareholders are only liable for options granted that are excercised or still "in the money".>>

thats the dumbest thing I've ever heard... "


If that's the dumbest thing you've EVER heard then you've not been out much.

Shareholders are not liable for options that are granted but never exercised. Ya can't argue with that, can you?

Options that are granted but are currently out of the money aren't worth much in a declining stock market environment, especially if they are WAY out of the money. Ya can't argue with that, either, can you?

So although the guy wasn't 100% correct in his statement - because an option that is currently out of the money and unexercised will become dilutive if the shares rise to a level where the option is in the money - his sentiment was accurate.

In conclusion - it's probably not the DUMBEST sentence you've ever read (or somehow heard, if you got some text-audio software thingamajig on your PC).

So you can apologize now.......

Elroy