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Strategies & Market Trends : Employee Stock Options - NQSOs & ISOs -- Ignore unavailable to you. Want to Upgrade?

To: hueyone who wrote (8)	6/10/2002 9:32:26 PM
From: rkral	Respond to of 786

The answer is 722M/(1-tax rate) You're right .. again! What's really ironic for me is that I had the correct formula in my "options expense" spreadsheet, then changed it to the bad one. Which formula is correct becomes obvious when tax rate = 0. My formula blew up and went to infinity .. obviously wrong. Sorry to waste your time. I hope I come back from "totally crackers" soon. <gg> Ron P.S. That means my calculated $12.31 ave market price on exercise date was also using the wrong formula. Now it's worse (lower) at $9.40. This stuff shouldn't be this tough.