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Technology Stocks : IFLY - travel sales on the web pure play -- Ignore unavailable to you. Want to Upgrade?


To: blankmind who wrote (3826)1/9/1999 7:05:00 PM
From: simarx  Read Replies (1) | Respond to of 4761
 
blankmind, options issued as compensation and or incentive do not effect earnings if the strike price is at or above the day they were issued. For example,

If the price is trading at 10 and the company issues $10 options, then their is deduction. However, it they issued it at $9, there would be a $1 deduction. From what I recollect, IFLY issued options above the current trading price when they were issued. Quite a few of those options have underlying stock that is restricted. But, many options that are free trading and in the money, have not been excersized. very positive. The CEO could have made a couple of Million recently, but he did not... Very Bullish!



To: blankmind who wrote (3826)1/9/1999 7:22:00 PM
From: M.R. Davis  Read Replies (1) | Respond to of 4761
 
Blankmind

As you have had these questions on your mind for some time then for your own peace of mind and in the interest of investors I think it would be a good idea if you called Jerry Sendrow and posed your questions to him.
Then post his responses and your opinion (as you are a CPA) of those responses.

This would be most helpful.

Mark