IDTI - an IC Play on Growth Markets Message Board

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Technology Stocks : IDTI - an IC Play on Growth Markets

IDTI 48.99

0.0%

Mar 29 5:00 PM EST

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To: brushwud who wrote (4247)	10/16/1997 8:15:00 PM
From: thom	of 11555

please correct me if I'm wrong: Buybacks REDUCE the number of shares. IDTI issued shares. Perhaps this has something to do with the new pension plan (stock purchase plan) they announced a few months back. Issuing stock does nothing but dilute each individual (stockholder's) earnings per share. Sometimes this can be a good strategy to keep key employees who are given option rights which expire a little further out. (or pension plans, etc..) My question is: am I reading the info correctly? Would earnings have been aprox. .20 more per share without the issuance of 6M shares?

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