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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (2080)5/30/2003 6:12:13 PM
From: Ken W  Read Replies (1) of 23958
 
Okay Sergio

You are the FA guy. What's your take on the NVDM news after the bell?

The way I read it they are canceling stock options with 2 choices setting a new excersize price (as yet un determined, depending on the price of the stock in Jan. 04)

I guess this what I'm asking is: Is this a good thing for the bottom line of the company since they are not taking any kind of charge against expensing options? It appears to me that this is part of that Sarbanes-Oxley rule that we were going to discuss. I've noticed it coming up quite a bit on different things. One of those was that Google would like to go public, but have to get all of their ducks in line per Sarbanes-Oxley before even looking for an underwriter. Apparently this is a big deal coming.

Ken
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