Question-and-Answer Session
Thank you. (Operator Instructions). And our first question comes from the line of Cobb Sadler with Deutsche Bank. Please go ahead.
Cobb Sadler - Deutsche Bank
Thanks a lot and just on the stock option re-pricing, it is probably tough not to swallow now, but a good idea. But let me ask you this. Do you have any idea of how dilutive it might be or are you just going to wait and see how many you give out?
Randy S. Gottfried - Chief Financial Officer
I think, in general, there will be more details on the specifics of the plan maybe illustrative as I mentioned we do plan out giving -- the exchange will involve slightly fewer shares the original shares that are being exchanged.
Cobb Sadler - Deutsche Bank
Okay.
Jerry M. Kennelly - Chairman, President and Chief Executive Officer
The exchange is implicit in our guidance for share account. But we'll make an SEC posting right after this call, Cobb. And the SEC requires that you go to that to get the details, but I think you'll find it a good plan.
Cobb Sadler - Deutsche Bank
Sounds good. And then, the mobile Steelhead product, you initially guided I think it was 8% to 10% of revenue acting in '08. You've changed overall guidance now so, should that still be the same ratio 8 to 10? Or does it go down a little bit and that's part of your reduced guidance?
Jerry M. Kennelly - Chairman, President and Chief Executive Officer
Yeah, it did edge up this quarter as a percent of revenue from last quarter just slightly but we can't really speak to the 8% to 10% any more by the fourth quarter. Given those environment, I think we're going to take a new fresh look at that and probably come up with a new number.
Cobb Sadler - Deutsche Bank
Yeah, sounds good. And then last question on your storage-based product, have you baked much of that infer for, I guess Q4 probably, not much in Q3 but are you holding out for a decent amount in Q4 or are you just kind of -- if that project accelerates faster than we think it would, would that be upside I guess is a better way to ask it? That's all.
Jerry M. Kennelly - Chairman, President and Chief Executive Officer
We've always described that as a 2009 product. So that in Q4 that will still be in beta [ph]. And that's always been the schedule and the first revenue for that will be 2009.
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