Hi John, if I understand correctly, the shares issuable upon exercise could not be exercised until 09/23/97. If we take the 105270 reported in the proxy statement for B. Quart, subtract the 86,200 shares that could not have been exercised as of 09/03/97, we have remaining 19,070 or the number of shares reported as remaining.
Dr Snyder, we take 125,656, back out 120,034 and end up with 5622. We then back out 800 share per footnote 7 in the proxy statement, and end up with 4822.
09/03/97 SNYDER, R. KENT SR VP Sell 5000 47.250 4822
09/03/97 QUART, BARRY D. SR VP Sell 8000 47.625 19070
My only point is that the data I post is accurate, opinions or feelings may not be. It will be interesting to watch what happens if and as the options are executed. I like to think I never blast anyone...sorry if that was the impression I gave. I appreciate your speculation on other news. I was irked by the AOL posting.
Yes, I understand Hong Kong and Australian markets are down. A positive news bit came out though...ya never know what will happen.
Headline: PRESS DIGEST - New York Times front page - Oct 27
Summary: IBM.N NEW YORK, Oct 27 (Reuters) - The New York Times reported the following stories on its front page Monday. * President Clinton will announce Monday that the Federal budget deficit has fallen to $22.6 billion, its lowest level in decades. * A Russian nuclear weapons laboratory has evaded American export rules and secretly acquired 16 advanced IBM (NYSE:IBM) computers, Russian and American officials say.
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