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Are Microsoft Options Sellers Being Lowballed?: Graef Crystal

Time: 10:44 EST/15:44 GMT | News Source: Bloomberg | Posted By: Robert Stein

Have Microsoft Corp. and J.P. Morgan Chase & Co. struck a deal by which Microsoft employees who sell their underwater options to the bank end up being even more under water? Microsoft isn't talking, at least to me. And as for J.P. Morgan, when I dutifully followed Microsoft's advice to call them for comment, Kristin Lemkau, a spokeswoman, refused to comment for the record. So where does that leave us on trying to figure out what could happen with the deal that Microsoft and J.P. Morgan have concocted?

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