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Enron Mail |
Several of us are attempting to determine the number of options we will
receive. The following is an excerpt from an E-speak discussion with Cindy Olson regarding the new Enron Option Plan effective Dec. 29, 2000. The number of options will be based upon a Black-Scholes value. Black-Scholes is based upon a number of factors, including the stock price, the risk-free rate of return, the term of the stock options, and the general movement of Enron common stock as compared to the general stock market. The Black-Scholes value for Enron stock options is determined monthly. As of October 1, 2000, the Black-Scholes value for Enron stock options was $31, for seven-year options. To estimate the number of options you might receive, divide 25 percent of your annual base salary by the Black-Scholes value for Enron stock. Therefore we must find out the year end or Dec. Black-Scholes value for ENE. See if you can find it on the internet.
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