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To: Skeeter Bug who wrote (145306)8/12/2002 11:58:19 PM
From: GST  Read Replies (1) | Respond to of 164684
 
The more-or-less correct approach is to expense the premium at the time the option is issued -- check these numbers for csco: Message 17869047



To: Skeeter Bug who wrote (145306)8/13/2002 12:29:52 AM
From: H James Morris  Respond to of 164684
 
SB, while all the noise was going on about stock options did you notice San Diego based USLB was bought out?
Believe it or not, I made a profit on USLB stock...while smart money could have got out @ $16.00 ps.
finance.yahoo.com
San Diego based NBIX : NEUROCRINE BIOSCIENCES (NASDAQ) has an interesting chart too. Look at the smart money climbing in since last LEO.
finance.yahoo.com