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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?


To: Chuzzlewit who wrote (3690)11/22/1998 10:16:00 PM
From: adad69  Respond to of 4509
 
I'm in PSFT 1K at 19.75 and I will be holding on for a nice thanksgiving. This stock has nowhere to go but up. Remember its 52 week range of 18-52. It will break out and test its 52 week high in the not so distant future.



To: Chuzzlewit who wrote (3690)11/23/1998 12:43:00 PM
From: RetiredNow  Read Replies (1) | Respond to of 4509
 
Chuzz, I am a CPA, or actually I was. I just let my license lapse. However, options are accounted for in the I/S. If a company has outstanding options, those options increase the weighted shares which are used in the calculation of EPS. So EPS decreases as the number of options increase. That's how options dilute the income statement, and consequently, the stock price. Since EPS, basic and fully diluted, are required to show at the bottom of every income statement, I can safely say that it is communicated to the stockholders. So it is not completely hidden from stockholders. They just need to know where to look.