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Technology Stocks : John, Mike & Tom's Wild World of Stocks
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To: John Pitera who wrote (2660)2/19/2002 11:48:47 PM
From: John Pitera  Read Replies (1) of 2850
 
BRCD-- Storage-- Dilution through ESOP--

great post Tim pointed out.

Message 17075484

Brocade hired most of its employees before the stock market peaked, and Canova says Brocade issued new options in its October 2001 year to retain those workers.

Before & After
THE REACTIONARY, THE REVISIONIST AND THE UGLYYYYYYYYYY

Net Income Net Loss
(w/o cost of options) (w/ cost of options)

1999 $ 2.5M -$ 1.9M
2000 67.9M -$172.3M
2001 2.8M -$591.7M
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