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Microcap & Penny Stocks : Syncronys Softcorp (SYCR)

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To: LaShark who wrote (22476)11/14/1997 12:32:00 PM
From: redbird  Read Replies (3) of 30240
 
Say it ain't so Joe, I mean Chris. They have 2 million options to pass around. At $1.50 thats $3 Mil in incentives. Why do they need an aditional 800,000 shares or $1.2 Mil in incentives. I would think making the stock price go up, given their current position, would be enough. It still does not make sense to me to give away 3 times our quarterly earnings in stock options. Chris, they usually give away these options with a strike price at the current price. If the strike was $6.00, mabey, but they will probably be at $1.50. They can cashout way before if you bought at $3.00. What happens when the stock goes to $2.50? They sell, fill the need for stock, and keep other investors from making a profit!!!

I love your comments and you have been very informative. Please tell me that it was your evil twin who posted to say yes on question 3 <ggg>.

Redbird
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