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To: Dave Budde who wrote (172757)1/31/2003 2:27:00 AM
From: The Duke of URLĀ©  Read Replies (1) | Respond to of 186894
 
"The optionee has to buy the shares when exercised."

Pardon? maybe I don't understand. The optionee has the right by definition not to exercise. That's where they get the name, "options".

So what is the difference between "granted" and "given"?