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To: Dennis R. Duke who wrote (37083)3/2/1998 12:40:00 PM
From: FUZFO  Read Replies (2) | Respond to of 61433
 
If I remember correctly, those options were re-priced to 25 7/8? That s a nice run for about 11 1/2 bucks to last friday. I guess they had the weekend to think about it and decided to take the money & run!

As for the cold, try adding some cloves and cinnamon sticks to about a liter of red-wine, with about 3 tablespoons sugar and boiling it. Then drink it, it works great for me its an old european remedy.
Fuzfo



To: Dennis R. Duke who wrote (37083)3/2/1998 12:45:00 PM
From: pat mudge  Read Replies (1) | Respond to of 61433
 
Working with a bad cold and a temperature today, so if I do make sense don't be surprised.

It must have been in the air at Robertson Stephens. I've had the same. :((

If my intake of fresh-squeezed orange juice is any indication, buy citrus futures.

Later --

Pat



To: Dennis R. Duke who wrote (37083)3/2/1998 1:46:00 PM
From: blankmind  Respond to of 61433
 
reduced price option selling immediately is not uncommon. many employers have an agreement with a broker so the employee can exercise their options to pay for their options.

if the option was for 1000 shares at $25, and you want to exercise your options, you would need $25k. but if you have the options sold to cover the $25k part, you can keep the rest of the stock $10k worth, or opt to sell all and pocket the $10k.

this way, even if the employee has no money, they can exercise their options.