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Microcap & Penny Stocks : INSP Investors Research
INSP 117.19+30.4%3:59 PM EST

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To: howsmydrivingal who started this subject5/8/2002 3:56:42 PM
From: howsmydrivingal   of 787
 
Taken from the Yahoo board...

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here what I think is going ON:
by: sal7eem
Long-Term Sentiment: Strong Buy 05/03/02 03:31 pm
Msg: 384795 of 387238

By repricing the employees options, INSP can retire 50+ mil shares out of the outstanding shares, thus improving the bottom line.

In order to make this happen and to ensure a low option price for the employees, jain decided to give away 10% of his holdings. BUT, instead of having 62mil shares out of 300 mil shares outstanding, NOW he has 56mil shares out of 250mil shares outstanding +/- . Therfore, increasing his % stake. WIN WIN to him and his employees and LONG TERM investors. The ones that are selling today are stupid. INSP has CASH + 0 debt and will be profitable by the SEPT Q!!!
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