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Strategies & Market Trends : YEEHAW CANDIDATES

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To: lostmymoney who wrote (5635)8/18/2004 11:28:40 AM
From: Ken W  Read Replies (1) of 23958
 
Mikey

CYAN's drop: Most likely due to the annual proxy vote. I would guess that the extra 5mm shares going into treasury spooked traders. This has been out for over a month, but "they" just now realized it. LOL With a little luck, maybe one day people will learn the difference between "authorized" and "outstanding" when it comes to shares of a company. The extra 5mm shares are ear marked for options over a multi year period..and of course we all know that only share holders are allowed to make money off a companies' stock, not the people that actually do the work. ROFL

Ken
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