how much we payed for GEMM -
26,726,042 O/S as of 2002-02-22
x/(26,726,042 + x) = .25 or %25
-so- x = # of shrs purchased 8,908,681
$500,000 = what we paid / 8,908,681 shrs = .056
so, after todays trading for GEMM we actually bought in at a discount
New O/S = 35,634,723