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To: bob yahnke who wrote (7019)	10/29/1997 11:37:00 PM
From: SidStock	Read Replies (1) \| Respond to of 14577

Bob- Sid and Bill, that 10q report shows that they were repriced at 10.06 but then it also says the average exercise price is 4.26 with the rest of them that are outstanding (almost 9 mil.) to be exercisable at 9.06 A little confusing. Can anyone explain? I'm not sure but I believe what you are refering to is the difference between the 8,920,099 shares at $ 9.06 and the 2,267,969 shares at $ 4.29. The $9.06 number refers to the avg price of the total outstanding options (exercisable and not exercisable). There are almost 9 million shares in this pool. Of the 9 million shares, 2.3 million are currently vested and are now exercisable at an avg price of $4.29. Is this any less confusing? Sid OPTIONS OUTSTANDING --------------------------- OPTIONS EXERCISABLE WEIGHTED ------------------------ AVERAGE WEIGHTED WEIGHTED RANGE OF REMAINING AVERAGE AVERAGE EXERCISE NUMBER CONTRACTUAL EXERCISE NUMBER EXERCISE PRICES OUTSTANDING LIFE (YRS) PRICE EXERCISABLE PRICE -------------- ----------- ----------- -------- ----------- -------- $0.12 - $ 3.44 1,326,821 6.04 $ 1.83 1,140,236 $ 1.60 3.56 - 8.72 1,843,521 7.67 5.64 870,111 5.56 8.97 - 10.06 3,576,941 9.00 10.05 54,095 9.77 10.13 - 23.38 2,172,816 9.33 14.74 203,527 12.49 ---------- --------- $0.12 - $23.38 8,920,099 8.37 $ 9.06 2,267,969 $ 4.29

To: bob yahnke who wrote (7019)	10/30/1997 10:34:00 AM
From: Bill Lin	Read Replies (1) \| Respond to of 14577

they were repriced at 10.06 but then it also says the average exercise price is 4.26 with the rest of them that are outstanding (almost 9 mil.) to be exercisable at 9.06 A little confusing. Can anyone explain? all the info is below with the breakdown of the different priced options. you gotta READ. A summary of stock option activity is as follows: NUMBER OF WEIGHTED AVERAGE SHARES PRICE PER SHARE ---------- ----------------- Balance, January 1, 1994....................... 5,256,132 $ 1.84 Options granted................................ 3,951,600 4.88 Options exercised.............................. (858,382) 0.45 Options canceled............................... (1,540,596) 6.38 ---------- Balance, December 31, 1994..................... 6,808,754 2.75 Options granted................................ 2,970,550 15.47 Options exercised.............................. (2,330,911) 1.27 Options canceled............................... (463,454) 6.61 ---------- Balance, December 31, 1995..................... 6,984,939 8.37 Options granted................................ 6,538,362 12.09 Options exercised.............................. (1,204,235) 3.83 Options canceled............................... (3,398,967) 15.28 ---------- Balance, December 31, 1996..................... 8,920,099 $ 9.06 ========= The following table summarizes significant ranges of outstanding and exercisable options at December 31, 1996: OPTIONS OUTSTANDING --------------------------- OPTIONS EXERCISABLE WEIGHTED ------------------------ AVERAGE WEIGHTED WEIGHTED RANGE OF REMAINING AVERAGE AVERAGE EXERCISE NUMBER CONTRACTUAL EXERCISE NUMBER EXERCISE PRICES OUTSTANDING LIFE (YRS) PRICE EXERCISABLE PRICE -------------- ----------- ----------- -------- ----------- -------- $0.12 - $ 3.44 1,326,821 6.04 $ 1.83 1,140,236 $ 1.60 3.56 - 8.72 1,843,521 7.67 5.64 870,111 5.56 8.97 - 10.06 3,576,941 9.00 10.05 54,095 9.77 10.13 - 23.38 2,172,816 9.33 14.74 203,527 12.49 ---------- --------- $0.12 - $23.38 8,920,099 8.37 $ 9.06 2,267,969 $ 4.29 2.7 million options were repriced to the 10.06 range. this info is over 10 months old. don't rely on it. BL