-- Google Finance, Govt, Policy and Business Issues
---- Lawsuit charges Google with age discrimination
loanuniverse - 11:19 pm on Jul 23, 2004 (gmt 0)
This is what I don't understand:
....119,000 Google stock options with an exercise price of 30 cents per share. Based on estimates of Google's market value, Reid's stock options probably would have been worth about $10 million after the company's IPO.
$10,000,000 / 119,000 = $84.03 which means that the stock price would have to be $84.33 after the IPO. Either I am missing something or the reporter slept through "Security Analysis and Markets 101".
Regarding the merit of the claim, one never knows all we have is an accusation.