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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (6929)8/18/2002 10:18:17 PM
From: Exacctnt  Read Replies (1) | Respond to of 52153
 
<<<And what happens when a company sells a 9 month option and then they expire?>>>

If you are referring to selling puts, you must realize that the puts or put warrants that Dell or MSFT were selling were not open market puts. They sold puts via private transactions to select clients. The entry recorded on the books was a debit to Cash and a credit to Additional Paid in Capital. There was no income statement entry.