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To: Windsock who wrote (165380)5/24/2002 2:11:00 AM
From: L. Adam Latham  Read Replies (1) | Respond to of 186894
 
Windsock:

Re: True. But what if they tax the option value -- the expense" to the company -- at the time of grant? You could have a situation where the option expires worthless.

There clearly needs to be language in any new rules that will allow for a credit of prior years' option expense if the options decrease in value.

Adam