InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,633.91
(
1.02%
)
US TECH 100
20,109.20
(
1.00%
)
Dow Jones
39,721.36
(
1.09%
)
Brent Oil
85.05
(
0.42%
)
Bitcoin
57,743.61
(
-0.48%
)
Post# of 2238
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

DickMN

Send PM Follow Ignore
Followers 0
Posts 406
Boards Moderated 0
Alias Born 09/30/2000

DickMN

Member Level

Re: None

Friday, 01/12/2001 8:00:49 PM

Friday, January 12, 2001 8:00:49 PM

Post# of 2238
Eisner article..

http://www2.marketwatch.com/news/story.asp?guid=%7B7CD6E12D%2DBD28%2D41A2%2DA7F6%2DCE9DCEBA864D%7D&source=htx/http2_mw

"In addition, Disney (DIS: news, msgs) granted the 58-year-old entertainment mogul options to acquire 2 million shares of the company's Internet unit at an exercise price of $25.66 per share."

What the heck is this? Why would Eisner want to exercise options at $25 when he can buy all the DIG stock he wants on the open market at $4-5? Certainly they aren't so delusional that they think the price of DIG will go above $25 during the life of the option? By the way, what IS the life of his new options?

DickMN


Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up