Enron Mail

From:catherine.mckalip-thompson@enron.com
To:victor.browner@enron.com, jeff.dasovich@enron.com, dave.kistler@enron.com
Subject:stock value
Cc:
Bcc:
Date:Tue, 13 Nov 2001 11:51:27 -0800 (PST)

If I've done my math right, the August "throw them a bone" stock option grant requires a Dynegy stock price of $137.35 in order for it to be in the money. The deal was if you are involuntarily terminated, you have 3 years from said date to exercise. ($36.88/.2685)
What are the chances of that??