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

To: J.S. who wrote (8462)	3/4/1998 4:12:00 PM
From: Sam	Read Replies (1) \| Respond to of 13594

J.S., I was referring to stock option grants, not basic options. I know AOL's option grants first hand - it's the only reason I'm on this thread! Options expire after a set period of time, end of story. You have a window of opportunity to exercise your grant, if you do not, tough luck no second chances. So, from our previous hypothetical scenario, if you had x number of stock option grants that were about to expire worthless, would you: a) excercise them and pocket the windfall, or b) decide to hell with it, who needs a few million dollars? I think we all know which ones make sense. Don't compare options with stock option grants. BTW, there is no such thing as an automatic exercise of options when it comes to grants. Gotta pick up the old phone.... S.