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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?

To: Joe Master who wrote (6774)	1/26/1998 2:57:00 PM
From: Richard Babusek	Respond to of 10368

Another question about options in lieu of compensation. How is the option exercise price determined? I have been in a position to receive options who's exercise price could be forgiven by the company! Ricardo PS I'm aware of some dramatic company run-ups where much of the key-man compensation was in the form of options, So I actually like the idea. Corky takes a risk also, what if many of his options are exercizable at $7,$8, or $9? PPS This question (option exercise price formula) may be of interest as one to add to conference call list.