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Technology Stocks : Siebel Systems (SEBL) - strong buy?
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To: rkral who wrote (6735)6/3/2003 5:05:24 PM
From: hueyone  Read Replies (1) of 6974
 
I have essentially the same percentages -- none exact, however.

Ron, Of course I rounded, but I also checked my "beginning shares" multiple times and tried to make sure I picked up any splits by taking the ending shares on the balance sheet for the previous year on the current 10K. For example, to get the beginning shares for year 2000, I went to the balance sheet on the 2000 10K, and looked at the ending shares for year 1999 on the balance sheet. Two years are given on the balance sheet for each 10K. This way, the ending shares for 1999, or beginning shares for 2000, picked up the splits for shares that occured during 2000. Then I would also use the figure for the options granted from the footnotes in the 2000 10k, which presumably also picked up any splits that occured during year 2000, and thus would correlate with my split adjusted beginning shares for that particular year. Hence, I still believe those high grant rate percentages to be correct.

Regards, Huey
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