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To: Mike Fredericks who wrote (3609)5/15/1999 12:31:00 AM
From: art slott  Read Replies (2) | Respond to of 13157
 
> Samuels et al already got their $3.4 mill in cash. With traditional stock options, since people tend to hold them until they exercise, they get penalized if the stock tanks... not so in this case.<<

How do you know that? I'm sure he hasn't been paid yet. And i'm sure he would defer it if need be.

The options more often then not get adjusted downward when a companies stock tanks so they soon become "in the money".