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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Mike Connolly who wrote (24117)	4/18/1999 5:20:00 PM
From: Steve Martin	Read Replies (2) \| Respond to of 213177

When you exercise stock options, you are liable for Alternative Minimum Tax on the difference between the current value and the strike price at the time you exercise even if you don't sell. So, one reason to exercise quickly is if you think the price will be going up and you are trying to minimize your tax liability until the time that you sell. I don't know if the transactions you are talking about involved selling the stock too, but if it was just exercising, that is not indicative of a negative outlook.