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To: AugustWest who wrote (877)	4/16/1999 8:29:00 PM
From: jbIII	Respond to of 3689

There's two kinds, those you buy through payroll deduction, at a 15% discount to the strike price, in 6 month intervals. I can never finish these always find some thing to spend the money on, usually boat repairs. Then there are options given directly for performance but you only get to exercise and take the profit with nothing out of pocket after a certain amount of time. These are "carrots" to keep good employees around and usually increment 25% for 4 yrs. Actually there are other arrangements, like options tied to company performance, they can get creative. But those two are the ones I'm familiar with. Back in a few, Chow Boris needs to take me for a drag ;)