Novell (NOVL) dirt cheap, good buy? Message Board

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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Paul Fiondella who wrote (23039)	7/15/1998 10:28:00 PM
From: Pruguy	Read Replies (1) of 42771

Are u sure about this Paul? Every quarterly I ever read regarding options are from created shares. This is why they have to be approved by shareholders and why share counts are always rising in tech companies. Incidently, its also why we now report diluted and basic earnings. Diluted represents all the excersibale options, not just those that have been excersised....therefor a company excersising an option is just one sell transaction and a buyer on the other end. not the other way around. that would be a company buying a share and giving to the employee. it doesn't work that way.

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