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H42

05/23/03 1:18 PM

#27901 RE: JimLur #27898

Jimlur.....is it possible to go back to the club board on R/B? I was out of town when everyone moved over here, wasn't quite sure why....I know you're not the board cop, and it's a lot to ask, but is there any way you can ask the board ONE MORE TIME to quit posting about the option issue, and then those who don't abide by your request, just delete their posts?
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themaude

05/23/03 1:20 PM

#27902 RE: JimLur #27898

Jim, No the ones available for exercise are the 10,769,434 shares, the 5.6 million have not yet been granted. They are the ones that the 5 million will be added to for furture option grants. Sorry I went back and edited my previous response to try and make that clear.

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intime

05/23/03 1:44 PM

#27923 RE: JimLur #27898

Regarding the Options: I've read all the discussions on the options and here is the reason that they are being voted on now. The option price is the market price at the time of authorization. Management is smart to want the lowest option price and realizing that the stock is going to take off, they would like to lock in the option price when it is reasonable.