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Subject:  Underwater NQSO about to expire Date:  4/20/2007  8:08 PM
Author:  dab64 Number:  2038 of 2049

I have a NQSO grant that is about to expire (the original grant was 7 years ago).

The options are actually slightly underwater today (strike price was $30, today's closing price was $29.02). Over the last 52 weeks, the price has ranged between $21.45 and $31.48.

The grant is 2,200 shares, so it would cost me $66,000 to exercise, which is a sig