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


To: ELH1006 who wrote (30770)6/2/2006 12:02:44 PM
From: Kirk ©  Respond to of 95420
 
Brian, the question that I keep asking myself, is who was the party responsible for this consistent behavior? Were the CPA's or Lawyers behind this scheme? Someone was obviously spreading this practice around the business community. When I received options, they were always granted at the date the Board met and approved them. This was typically done 5-7 days after earnings were released and the price was locked in.

Hey, once they got THEIR cookies out of the cookie jar, they wanted the lid locked on tight to keep them fresh. Why let employees further dilute the value of THEIR shares AFTeR they got Theirs??

I think the practice came from sharing BOD members... they share secrets on how to snatch extra wealth from shareholders wallets. It is why Buffett wants independent board members.