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 : Allaire
ALLR 1.112-10.4%3:58 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 10K a day who wrote (471)10/5/2000 5:16:42 PM
From: greggcap  Read Replies (1) of 612
 
From the latest quarterly:

SHARES OUTSTANDING AT JULY 31, 2000
-------------- -----------------------------------
Common Stock, $.01 par value............... 27,247,402

The 4 million shares you refer to are shares reserved under the company stock option plan. The strike price on these options is around $35 so they are way out of the money and have not been added to the float. So subtract 4 million from your number. I would also subtract the 3.6 million shorts because in all liklihood they have covered as they were in place prior to the earnings warning.
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