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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Kathleen capps who wrote (32239)4/18/1998 12:53:00 PM
From: Dave Gahm  Read Replies (1) | Respond to of 53903
 
Kathleen,

Yes, new shares are issued as the options are exercised. But, I would expect that it will take years for them to issue 32 million shares...unless they have been very busy granting options over the last 6 months. This issue of dilution is why many tech companies that issue large amounts of options, also aggressively buy back their own stock. In MU's case they do not have the financial wherewithal to do so.

Dave


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