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To: Elmer Phud who wrote (178404)6/25/2004 11:26:11 AM
From: TimF  Read Replies (1) | Respond to of 186894
 
Change my statement to "In the real world its more complex because option grants are NOT exercised at the same time as they are issued but the principle should be the same.".

Thats what I meant to say. The omission of one word reverses the statement.

Can you think of a good reason why the general principle laid out in the scenario should not apply?

Tim



To: Elmer Phud who wrote (178404)6/27/2004 10:54:49 AM
From: TimF  Read Replies (1) | Respond to of 186894
 
I think Joe made the point well here

Message 16833836

You seemed to agree at least in part

"Jozef, I'm sure there is some cost and I suggested a couple of ways to express it, if not quantify it."

Message 16833857

So how should it be expressed.

Tim


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