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Re: milplease post# 49184

Friday, 10/24/2003 1:02:39 PM

Friday, October 24, 2003 1:02:39 PM

Post# of 93862
hey, thanks for the great explantion on how to exercise an OPTION, I will file that away for future reference.

But clearly you are just testing me when you write:

"For example, upon starting employment with Company A, you may receive 2000 stock options at a strike price of $1. Therefore, you have $2,000 worth of shares in the firm."

because even a dummy like me knows that options only give you the right to buy shares, you don't actually "have" shares like your example incorrectly states, only the right to buy 2000 shares. So you where just testing me with such a completely incorrect statement, right?

"Hope that helps with your education. Good luck, the markets can be hard to understand until you grasp some of the basic terms.'

exactly, and I sure do thank you for answer that was totally unrelated to the question. But since you were so good at explaining how to exercise an option, would you take a crack at explaining how to exercise a share like SDR claims Falk did?

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