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To: REW who wrote (22848)	4/1/1999 8:18:00 AM
From: LadyTrader	Read Replies (1) \| Respond to of 44908

An options program is commonplace in most companies. It is used as an incentive for employees of the company to work harder. I agree, these people aren't selling options at this price, especially if they've read the business plan. To reiterate (sp?)what you said, vestment does have to take place and I doubt that most of these options are even vested yet.

To: REW who wrote (22848)	4/1/1999 8:44:00 AM
From: Bald Eagle	Read Replies (1) \| Respond to of 44908

<<This had nothing to do with VSI.>> So, why were they added to the "VSI plan"?

To: REW who wrote (22848)	4/1/1999 9:07:00 AM
From: Ellen	Read Replies (1) \| Respond to of 44908

Then there's a couple questions. >> Registration under an S-8 is part of the package designated to employees. There were no new shares issued. This had nothing to do with VSI. This is a compensation package for the employees that should have been reported awhile back. It is an obligation to the employees that needed to be cleared up from before. Generally the employees will earn their options over 3-5 years. The vesting will occur either monthly or anually on a direct percentage basis. 3yrs vested at 1/36/mo or 1/3/yr. << An additional 7.5M shares were issued, according to the S-8 filing. Or, at least, authorized to be issued. So I don't understand your saying there were no new shares issued. ?? Message 8378330 On March 15, 1999, the Board of Directors of the Registrant increased the number of shares of common stock authorized to be issued under the VSI Plan from 10,000,000 to 17,500,000. The 10,000,000 previously authorized to be issued under the VSI Plan were registered in the aforementioned two prior registration statements. This registration statement registered the additional 7,500,000 shares authorized to be issued under the VSI Plan. ... Also, in the filing, it was described as the plan being "re-stated." If they were re-stating it, why wasn't it re-named? These questions need to be cleared up, IMHO. Thanks.