BORL: Time to BUY! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : BORL: Time to BUY!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Delbert W. Yocam who wrote (10338)	4/30/1998 1:58:00 AM
From: Neil Booth	Read Replies (2) of 10836

Hi Del, I was concerned at the size of the option grant that the board requested from shareholders recently. A grant of 5 million shares is an awfully large dilution for a company that previous to the acquisition had only 39m shares and now has 50m. It's about 5,500 shares per employee. It's also one of the highest grant to outstanding share ratios in the industry. If I were cynical, I would say it was an exercise in making staff costs look a lot lower than they really are. How do you account for the hidden cost to shareholders of such grants? Do you plan to counter such dilution by share buy-backs? Or just let it happen for the moment? I'm a bit worried about this, and have seen no convincing answers / justifications for such grants on this thread. Neil.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next