SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Charles Tutt who wrote (18604)8/12/1999 1:59:00 PM
From: Prognosticator  Read Replies (1) of 64865
 
Thanks Charles: now I know where to look for this information in the future. And very informative it was too. I did some back-of-the-envelope calculations, and got the following astounding numbers from the disclosures you referenced. Assuming that the stock price remains constant, and that all options are eventually exercised by holders, and that the companies purchase the shares to honor these options on the open market:


  As of June 30, 1998          Microsoft  Sun
  Option Shares Outstanding    449M       26.4M
  Weighted Average Exercise    $23.87     $22.28
  Current Price (Aug 21, 1999) $82.875    $71.56
  ----------------------------------------------
  Liability on exercise        $26.31B    $1.3B


Anyone care to correct this, or is this correct? If the stock price actually rises, things get much worse.

This is not intended as investment advice, run your own numbers.

P.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News