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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: Ed Stern who wrote (3881)12/15/1998 8:21:00 AM
From: Elmer  Read Replies (3) | Respond to of 4509
 
Hi Ed,
If you look at the 3/30/98 form 10K filing, only 2.7 million options were priced between $20 and $39/sh. That is of 43 million options out at that date. So the repricing will effect only about 6% of management options.

But it does effect new hires which are increasing at about 12% on a quarterly sequential basis, so its very important to them. I doubt the option repricing will have any significant effect on senior management.

David


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