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Re: abh3vt post# 44799

Tuesday, 05/30/2006 10:06:52 PM

Tuesday, May 30, 2006 10:06:52 PM

Post# of 173812
Re: Employee Options. Disagree with,

"After all, the company receives money from the exercise of those options, so in my mind, the only real "expense" to the company is the difference in the strike price vs the market price at the time of exercise."

Not so. That only accounts for the intrinsic value of the options and not the time value. 10-year options have huge time value. Huge. The employees get this for free at the expense of the company.

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