Ciena (CIEN) 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 : Ciena (CIEN)

CIEN 202.50

+0.8%

Dec 2 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: michael liu who wrote (3271)	9/17/1998 9:33:00 PM
From: gbh	Read Replies (2) of 12623

They can use their cash to buy up shares as short term investments. Stock will easily double from here. Michael, yes they could possibly use some cash to buy back shares, and this would be the responsible thing to do from the shareholders perspective. But they have not yet announced a share buyback. Therefore, its probable they will simply issue new shares to cover these options (should they ever be exercisable). This will only serve to dilute the stock, and put even more pressure on earnings. They have little choice but to re-price options, or risk losing many employees. But they do have a lot of choice in where they come up with the stock to fulfill these options. Buy or print. Right now, it seems they have chosen to print. Gary

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next