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To: Chris J. Horne who wrote (16422)8/6/2002 2:33:39 PM
From: geode00  Respond to of 42834
 
With a stock grant, it would be valued at the market price on the day they were given. If the stock cratered the next day, then the employee has paper losses until he sells them. It seems like this would simply take out the extra step of options and all their risks and complications.