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Technology Stocks : OnSale Inc.
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To: Don Wellington Jr. who wrote (4888)11/27/1999 10:17:00 AM
From: polarisnh  Read Replies (2) of 4903
 
Don,

I have to follow up on that one myself. You mean to tell me that Egghead authorized up to 5 million shares in an SPO to 'even out' employee stock option plans? That doesn't sound right to me. If they came out and said that they wanted the additional shares to allow them to survive until profitability arrives I might have been able to swallow it. But to say that they are using the additional shares to even out employee stock options is a little tough to take. I wish that they would have kept quiet until Christmas. Right now there is a dark cloud hanging over the stock price in my mind.

Cheers,

Steve
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