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To: mishedlo who wrote (173064)6/16/2002 3:25:04 AM
From: smolejv@gmx.net  Respond to of 436258
 
>>Now that company pays out $1M in options and reports to the press<<.

No. They (just) send everyone in the house some (very familiar..."we're pleased to transfer x number of options, strike AAA$, due XX.YY.ZZ...") letters. 1M$ cash is still on hand, (so far) without any earmarks of commitment to produce (when options are fully vested or whatever the small print says) the equivalent amount of company shares.

see Don's (temperate...) reiteration of the point he tried to make:

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