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Biotech / Medical : Bio Technology General - BTGC

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To: Jim Oravetz who wrote (1913)8/19/1999 1:10:00 PM
From: Jim Oravetz  Read Replies (1) of 2028
 
Aug 2nd, Sims sells 60K more shares.

As I speculated, contract rev. was up for the Q helping them report better revenue. They were also helped by problems with a competetors product allowing an >800% increase in the low margin sales of BTGC's drug. Some Jap. income started to trickle in and overseas sales of Oxdanrin (not Olsten) helped.

I noticed that the diluted earning/share numbers are calculated with out the "out of the money" options being taken into account. Does anyone know if this is common or legal or report the numbers as such?

Jim
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