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To: Bearded One who wrote (7004)11/4/1997 7:02:00 PM
From: IceShark  Read Replies (1) | Respond to of 18056
 
Beard, Companies don't directly tie option grants with share buybacks for several good reasons, but if one were to pound a stake in the ground and start some inventory accounting the buybacks would typically be quite delayed from either grant or exercise dates - years for example. Remember these options are being issued year after year after year.

Regards, Dan