Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: kahunabear who wrote (32011)	9/1/1998 10:54:00 PM
From: Knighty Tin	Respond to of 132070

WS, It is legal, but the market has just scared the next pro who thinks he should take options instead of cash. And the cos., pure and simply, with bad eps and all, may not be able to reprice the options. After all, there are these things called shareholders who occasionally do vote. <G> BTW, got jammed up today. I will look at that problem we discussed tomorrow. MB

To: kahunabear who wrote (32011)	9/2/1998 12:51:00 AM
From: IceShark	Read Replies (1) \| Respond to of 132070

Wouldn't it be nice if listed options were like incentive stock options. No risk on the downside. And now that the market has fallen a bit, won't companies be repricing all their options to lower exercise prices. I am pretty sure its done, but it just doesn't sound legal to me. It is done all the time and it is legal. Take a look at MU sometime. Now is it fair and in the spirit of the original reason ISOs are supposed to be offered? Well what do you expect when the fox is in charge of the chicken coop and the farmer is brain dead? Regards, IS