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Technology Stocks : Agile Software Corp- ( AGIL)

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To: bob zagorin who wrote (560)8/14/2001 12:36:31 PM
From: telecomguy  Read Replies (1) of 570
 
Just found this in the recent 10Q filing; Surely this does not imply that AGIL is going to grant 2.5 million options PER employee (wonder what the strike price will be?).

"To approve an increase in the maximum aggregate number of shares of
Common Stock authorized for issuance under the Company's 1995 Stock
Option Plan by 4,000,000 shares and to approve the grant limit of
2,500,000 shares per employee per fiscal year"

Is this what is potentially supressing the stock price? I am not in favor of repricing or granting new options especially in light of the current market condition when employment opportunities are very bad and companies should not have to offer sweetners to keep them.

Maybe I am misunderstanding this filing.....please anyone, post if you have any insight into this.

Also I see that they are increasing the potential float from 100 million to 200 million shares....again, are they looking to do acquisition? Seems like bad timing considering their share price....
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