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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (11740)9/21/2003 9:52:07 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 95748
 
>> From your calculations AMAT should have about $5.5B instead of the $5.3B is currently has, since AMAT had about $1.5B in 1998......

Well my calculation is not exact. What I don't know is the exact strike price the options are issued at. It is possible that they were exercised at $15/share (if many options were issued prior to '99, and only got vested recently.

My point is not about dilution. It is only to support the idea that some (or much) of AMAT's cash came from selling stock - in addition to profits from operations.

Sarmad