Thursday, January 15, 2004 8:31:15 AM
unless the options are underwater most employees exercise all their options as soon as they are exercisable. there is no tax advantage to do otherwise.
options are given out at intel with a 5 year maturity, i.e. the option you are given today won't be exercisable until 5 years from now.
iow, they can't all be exercised "at once".
gb
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