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To: GJLevine who wrote (108790)3/10/1999 11:28:00 AM
From: Kenneth Aird  Read Replies (2) | Respond to of 176387
 
I believe 2% is the percentage of his total holdings being sold. I am interested in what percentage of that 2% is options he would lose if he did not exercise them. Of course he could exercise the options without selling, given that his cost basis on 10 year old options has to be tiny.

Ken