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Re: teecee post# 22041

Wednesday, 04/30/2003 7:41:22 PM

Wednesday, April 30, 2003 7:41:22 PM

Post# of 432730
How many options can I get at $60

with a 10 year life and no cost to me. Sure ain't as good as what they got now, but welcome to the post bubble economy. That is putting an additional reward out there for exceptional long term performance. A $60 option that is exercisable for 10 years would require an annual return of 10% to 60. That's a good run, but the stock market is risky and a 10% return is not exceptional. A 15% return would have the stock at $100 after 10 years. That's a nice bonus for being part of a team that produced good results.

Ya know, I'd be willing to pay a buck a share right now for some. Anyone want to take the other side? Once?
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