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To: DiB who wrote (7761)4/29/1999 2:40:00 PM
From: DJ Oglesby  Read Replies (1) | Respond to of 19700
 
DiB:

I knew you knew that! Didn't I say so?

No, issued and outstanding are not quite the same thing. "Outstanding" refers to the number actually held by all shareholders. "Issued" can include shares in an option grant, among other things, but they don't become outstanding until the options are exercised. Issued shares can be greater than shares outstanding, but not less.

Regards,
DJO