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Technology Stocks : Helix Technology, a cold play on semiconductor equipment -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (1038)10/10/2002 5:07:56 AM
From: Artslaw  Read Replies (1) | Respond to of 1227
 
Does the company issue options to employees? Will they retract them as well?

If not they've got a heck of a PR problem.
Cut off the stockholders and keep diluting their ownership.


Well, if it makes you feel any better, all those options granted to employees are underwater anyway, so they aren't dilutive at all!

Steve



To: robert b furman who wrote (1038)10/10/2002 8:05:28 PM
From: mopgcw  Read Replies (1) | Respond to of 1227
 
As a long-term shareholder, I find no issue with lowering the dividend and the existence of options that have been issued to employees.

Helix mgmt has an excellent history at properly sheparding the resources/dilution of the company through the tough times. This is one of the most conservatively managed tech companies. What other equip company is returning capital to shareholders at all?

Helix has been leading by example for a long time now. your questions and issues are misplaced.

Note I agree with you on the repricing of options, but to the best of my knowledge, Helix did not do this in the last trough, and I would be greatly surprised if they did so now.