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Author: MadCapitalist Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121144  
Subject: Re: Options question Date: 4/8/2002 8:56 PM
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My Dad has some options in the company where he works, but he knows nothing about investing and does not care to learn. I was wondering if it would be possible for him to excercise his options, sell the stock to me at the same price, and then I could sell them later. (This is all assuming that the company is good, which I have yet to determine.) I was just wondering about the mechanics involved in a transaction like that. Is it possible?

Mike in NJ


How much would the stock be worth? He can give you up to $11,000 a year.

Some of the others around here probably can give you more details.
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