NWSI News Flash - October 2003
The Clock is Ticking on Two Great Opportunities
Special Pricing on New StockOpter® Tools Until October 31st

Net Worth Strategies is proud to announce the availability of two powerful new stock option planning tools: StockOpter® Pro and StockOpter® Entry.
  • StockOpter® Pro replaces all previous versions of StockOpter® and is designed to simplify the complex process of modeling the after-tax effects of stock option exercise and sell strategies. "Pro" also handles a larger variety of client situations and incorporates the latest tax law changes.

  • StockOpter® Entry is a low cost and limited version for planning assistants and occasional users. "Entry" is designed for advisors who don't need comprehensive modeling capabilities and for support staff doing data entry.
StockOpter® Pro is priced at $995 and StockOpter® Entry is $495, but until the end of October they are specially priced at 795 for "Pro" and 245 for "Entry".

Additionally, the renewal price for StockOpter® Pro increases to 595, so until October 31st all current users of StockOpter® can renew in advance for 495. (e.g. if your current expiration date is February 13, 2004, and you renew during October 2003, your new expiration date will be February 12, 2005).

For a summary of our special offers and new pricing, refer to the matrix below.


For more information on StockOpter® Pro and StockOpter® Entry including a slide show and a FREE 30-day evaluation version click here. If you are a current StockOpter® user we suggest you upgrade to StockOpter® Pro as soon as possible in order to take advantage of all the new features. Download and install StockOpter® Pro.


Microsoft Employees Face Big Financial Decision

As you've probably heard, Microsoft employees have about 4 weeks to decide to participate in a program that will cash out their underwater employee stock options. The "Microsoft Stock Option Transfer Program" can be summarized as follows:
  • MSFT employees will have until November 12th to elect to transfer their stock options with grant prices higher than $33 to JP Morgan
  • Employees must transfer all of their eligible options to participate
  • The total payment will be determined by the average closing price of MSFT stock during an average period that will begin shortly after the election period ends and will continue for a number of trading days currently expected to be 15
  • Total payments over $20,000 will be paid out in 1 or 2 additional annual installments depending on level
The details regarding the "Transfer Program" can be found in the SEC Filing Segment of the Investor Relation Section on Microsoft's Website.

As the leading provider of employee stock option planning tools and services, Net Worth Strategies offers the following resources to help you to provide unbiased and comprehensive analysis to Microsoft employees faced with this complex and significant decision:
  1. Software:
    • StockOpter® Insight calculates the potential value of underwater options using the Black Scholes methodology and illustrates the upside leverage at different stock prices
    • StockOpter® Pro can compare the after-tax effects of cashing out and reinvesting to holding the options at different MSFT growth rates

  2. Analysis:
If you are interested in working with Microsoft employees contact Bill Dillhoefer either at 541-383-3899 or at . We welcome the opportunity to assist you to help Microsoft employees to make a well informed decision regarding their underwater stock options.


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