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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (55730)8/11/2006 5:18:32 PM
From: KeepItSimple  Read Replies (1) | Respond to of 213176
 
Then none of these silicon valley companies have anything to worry about!

You are so deluded it isnt even funny. Afraid you're going to see some friends going to jail? Or perhaps yourself? (you mentioned you work as a biz dev person in startup companies here in the valley, so i assume you'll probably see the fed up close and personal soon)

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will you please quit making stuff up? Options backdating is legal.



To: Lizzie Tudor who wrote (55730)8/11/2006 8:19:39 PM
From: OrionX  Read Replies (3) | Respond to of 213176
 
"will you please quit making stuff up? Options backdating is legal."

Lizzie, I don't know SEC requirements but if backdating were legal, Apple and a slew of dozens of others wouldn't be fessing up to questionable options pricing dates. Frankly, I deem backdating illegal since as a shareholder I can't backdate my buys or sells so why should insiders be allowed to pilfer the shareholders? Companies should price options the day they're granted and not "let's take the low point several weeks or months ago when the stock go hammered". How many insiders made out like bandits when the stock dropped to $14 in 2002-3? How many insiders were there buying shares at those points in time?