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Re: sjratty post# 89195

Tuesday, 01/04/2005 6:16:24 PM

Tuesday, January 04, 2005 6:16:24 PM

Post# of 433249
sjratty, to the best of my knowledge (rmarchma or someone more informed can confirm this) exercising of options doesn't fall under insider trading. They just the locked the tax liability (for the difference between the current price and their strike price) and started the clock for the long term gains.

-vg_future
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