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.

Strategies & Market Trends : Gorilla and King Portfolio candidates - Moderated -- Ignore unavailable to you. Want to Upgrade?

To: rkral who wrote (965)	6/16/2004 12:20:44 AM
From: Mike Buckley	Respond to of 2955

Ron, I haven't found an official definition of total dilution, but assume you're talking about the difference between Diluted_Shares and Basic_Shares .. expressed as a percentage of Diluted_Shares. Correct? Nope. "Total dilution" is not an investing term per se. I could have just as easily used the phrase, "all dilution," or "complete dilution," or "dilution in its entirety." I used the phrase to distinguish between dilution caused by employees' stock options, which you mentioned, and dilution caused by all factors. The point is that there are several factors that can cause dilution. Employee stock options is just one of them. I'll take your word for it that Qualcomm's dilution related solely to employee stock options increased 3.3% annually over the years. I have no idea. But I do know that, according to the 10Ks, stock dilution in its entirety has increased 5.5% annually since 1996. Make sense? --Mike Buckley