I personally think there is a trend I don't like here!! Nothing to be alarmed about,yet, but look at the difference between (e) and any other option! I will be watching closely. Options are granted to directors/managment so they have reason to get the shareprice up, so both the management and the shareholder benefit.
a)Announced Mar 09 600,000 shares at $1.50, stock trading at $2.20
b)Announced Feb 19 681,040 shares at $1.62, stock trading at $1.85
c)Announced Feb 03 600,000 shares at $1.50, stock trading at $1.70
d)Announced Jan 29 725,000 shares at $1.44, stock trading at $1.56
e)Announced Dec 17 275,000 shares at $1.19, stock trading at $0.82
a)1998-03-06 close $2.2
Monday Mar 9 1998
On February 3 1998, the company granted director and employee stock options on 600,000 shares at $1.50 expiring February 2 2003.
b)1998-02-18 close $1.85
Thursday Feb 19 1998
On January 29 1998, the company has granted director and employee stock options on 681,040 shares at $1.62 expiring January 28 2003.
c)1998-02-02 close $1.7
Tuesday Feb 3 1998
The company has granted incentive stock options entitling certain directors,officers and employees to purchase 600,000 shares, exercisable until February 2 2003 at $1.50.
d)1998-01-28 close $1.56
Thursday Jan 29 1998
The company has granted incentive stock options entitling certain directors, officers and employees to purchase 725,000 shares, exercisable until January 28 2003 at $1.44.
e)1997-12-16 close $0.82
Wednesday Dec 17 1997
On November 26 1997, the company has granted director and employee stock options on 275,000 shares at $1.19 expiring November 25 2002. |
