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To: ratan lal who wrote (11186)	3/11/1999 12:05:00 PM
From: Lynn	Read Replies (1) \| Respond to of 27722

I sure wish I had stock options as part of my 'compensation package.' Look at it this way, using totally made-up figures having zero relationship to NAVR: Some guy gets a base salary of $300,000. He also get options to buy 100,000 shares of his company's stock at 22. The stock is trading at 47. Now, this guy can either let his options expire--and be a real fool--or grab the 100,000 shares then sell them for a nice profit. Sure he could hold the shares--but he's going to have to pay tax one way or another [base salary +options=IRS says, "Hey, friend, hand over our part]. Lynn