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Technology Stocks : Vertel (VRTL) 10xbagger in the making -- Ignore unavailable to you. Want to Upgrade?

To: pete2 who wrote (457)	5/10/2001 3:24:48 PM
From: investingNideas	Read Replies (1) \| Respond to of 465

Can anyone explain how BRUCE BROWN earned 1,081,582 as of 10-May-01 via options. When did he buy these options and when did he sell? At what price (buy) and then Sell (flip)? Who is paying for these shares? ? Do these shares become shares outstanding and what effect to EPS? How come he is earning more then Vertel? How can one person earn more in one year then Vertel's net income since the company was started. The numbers state a much different story. Vertel's products and services are just a front for options trading. If you total up all of BRUCE BROWN's earnings for 2001/2000 you would find that Vertel net income comes no were near his gross options income. True companies should pay their employees, but they took this way too far. The only thing we can do is not buy the shares, but "they" can still flip the shares at any price.