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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: FuzzFace who wrote (7952)2/17/1998 8:59:00 AM
From: Sam  Respond to of 13594
 
Have you bears ever heard of options expiration? If you are unfamiliar with the term, or have never been granted stock options, let me explain. Stock options expire at xx/xx/xx. If they are not cashed in, they become worthless. As for Steve selling, we can't go digging into his vesting dates - perhaps that is why he sold, perhaps not. Maybe he decided he wanted a new Mercedes. Regardless - this is a non-event, but certain bears are trying to turn it into some big "news" item. When all the executives sell in mass let me know.

S.