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To: gzubeck who wrote (155632)4/11/2005 12:46:54 PM
From: BiomavenRead Replies (2) | Respond to of 275872
 
management team does not want to have all those options suck up company resources...these things have to be expensed now don't they?

They are valued at grant date (both under FAS 123 and under the new FAS 123R) and amortized over the vesting period. Whether or not they ultimately get exercised is irrelevant.

Peter