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Charlie and I have thought about options all our life I mean my guess is Charlie was thinking about that and in grade school and you know and I I mean you have to understand you donamp;#39;t have to understand Black Shoals at all but you have to understand uh the utility and in a general sense the value of options and you have to understand the cost of issuing options which is very unpopular subject in certain quarters any option has value I mean I bought a house in 1958 for thirty one thousand five hundred dollars and letamp;#39;s assume the seller of that house has said to me Iamp;#39;d like an option on it good in perpetuity at two hundred thousand dollars well that wouldnamp;#39;t have seemed like it cost me much if Iamp;#39;d given it to him but an option has value any option has value and thatamp;#39;s why some people who are uh you know kind of slick in business matters sometimes get options for very little or for nothing uh Iamp;#39;ve been talking about stock options I
