Silicon Investor (SI) -- The First Internet Community

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: KeepItSimple who wrote (24546)	10/4/2000 3:13:04 PM
From: Cynic 2005	Respond to of 436258

dHell is not all that bad - but they do have a substantial burden! On January 28, 2000 and January 29, 1999, the Company had outstanding put obligations covering 69 million and 33 million shares, respectively, at an average exercise price of $39 and $11, respectively. The equity instruments are exercisable only at date of expiration, with the expiration dates ranging from the first quarter of fiscal year 2001 through the third quarter of fiscal year 2002. The outstanding put obligations at January 28, 2000 and January 29, 1999 permitted net-share settlement at the Companys option and, therefore, did not result in a put obligation liability on the accompanying consolidated statement of financial position. The equity instruments did not have a material effect on diluted earnings per common share for fiscal years 2000 and 1999.