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Re: wbmw post# 63081

Friday, 09/30/2005 11:53:49 PM

Friday, September 30, 2005 11:53:49 PM

Post# of 97585
The number of shares listed in the table are "diluted" shares, which means that all outstanding options and grants are already counted in that number.
I believe the diluted shares only counted the options with a strike price less than or equal to the market price. That can leave a pretty big overhang of underwater options. I haven't read the 10Q's in detail in a year or so, you have to read the footnotes for the specific treatment.
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