IFLY - travel sales on the web pure play Message Board

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Technology Stocks : IFLY - travel sales on the web pure play

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To: blankmind who wrote (3826)	1/9/1999 7:05:00 PM
From: simarx	Read Replies (1) of 4761

blankmind, options issued as compensation and or incentive do not effect earnings if the strike price is at or above the day they were issued. For example, If the price is trading at 10 and the company issues $10 options, then their is deduction. However, it they issued it at $9, there would be a $1 deduction. From what I recollect, IFLY issued options above the current trading price when they were issued. Quite a few of those options have underlying stock that is restricted. But, many options that are free trading and in the money, have not been excersized. very positive. The CEO could have made a couple of Million recently, but he did not... Very Bullish!

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