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Gold/Mining/Energy : Raytec Capital (RCC.V)
RCC 24.83-1.5%Jan 15 3:58 PM EST

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To: Dekoot who wrote (240)4/26/1999 8:30:00 PM
From: Wiselight  Read Replies (1) of 457
 
It does not change anything at all! The 50 or so employees getting the options are believers in the company who would warrant, without options, a higher salary and these same options motivate them in helping Raytec become a success.
The same employees have helped in generating cash flow in previous years that prevented Raytec from having to raise large sums which would have diluted the capital stock. This is partly why Raytec has under 12 million shares outstanding and less than 15 million shares fully diluted. When exercised, these options will bring in close to $1/2 million. Raytec is growing with a long-term vision and not for a quick flip!
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