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To: Boca_PETE who wrote (64598)9/15/2003 8:44:45 PM
From: RetiredNow  Respond to of 77400
 
I think they determined that it would be overly tedious to do all the accounting related to it. Can't remember for sure, though.



To: Boca_PETE who wrote (64598)9/15/2003 8:47:16 PM
From: GVTucker  Read Replies (1) | Respond to of 77400
 
PETE, RE: Very interesting, but as of today no outstanding employee stock options are marketable - all such employee options are all non-transferable.

That is incorrect. In fact, Microsoft struck a deal with JP Morgan that allowed Microsoft employees to sell out of the money options to JP Morgan if they so chose.