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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: The Duke who wrote (10524)6/30/1998 6:36:00 PM
From: Raymond  Respond to of 13594
 
Duke: Stock buy back is a different program than stock options. When they buy back stocks, the shares are "retired" after they are bought. So, in math, stock buy back can offset the shares newly issued as a result of option exercise. The point is, the company does not have to do this to keep the share count constant.

Raymond