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Technology Stocks : Audio and Radio on the Internet- NAVR -- Ignore unavailable to you. Want to Upgrade?

To: Annette who wrote (13062)	4/3/1999 10:54:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 27722

Correct. And along with the buyout, they could buyout and retire the old garde along with their inadequately low priced stock options. What I understand under stock price linked incentive: I get a series of company stock options with strike prices beginning a percentage above the market price when granted, may run for some years and are exercised in a staggered, deferred manner. ... Where's the incentive when directors get options with strikes in the few $ range?? What is the use for the company - they get only few bucks for the exercise instead of, say $10 to $20. One of the many ifs: IF there were options for Paulsen et al. priced at $20 to $40, they would really put all efforts into getting NAVR and netradio on the run soon enough. I really would like to see an options plan in which the management gets a premium in the $10s MM range for getting through a successful IPO - but not sought from the market long before any IPO is said and done. They talk the IPO since July last year. C.