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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Ken W who wrote (2888)8/29/2003 12:26:41 PM
From: upndn  Read Replies (2) of 23958
 
The options you refer to have been around a long time and are held by management, same as most public companies "equity incentive compensation plans". They are included in the diluted share count. They have nothing what so ever to do with the secondary issue of 2.5 million new shares.
I will note here that management has not exercised any of their options yet, and they were buying in the open market last year.

Answer: No one seems to know the need of more operating funds, that's why I believe they have a new product to sell.....
If you listened to the first quarter cc you would know why I believe this.

On your comment: What makes you think they were cooking the books? You seem to be the only one I've seen this comment from in light of the two pr's the company has put out on the purchase order wording.

No offence and I mean it, but you may have been the last one to the short party @ $11. How much dd did you do before initiating this position. Study the business history not just the secondary issue press release.
Good Luck...... in your other investments. <G>
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