News Focus
News Focus
icon url

Joe Stocks

08/05/05 5:42 PM

#416046 RE: Stock #416044

>>Vesting was accelerated for stock options that had exercise prices per share higher than the closing price of Applied common stock on August 5, 2005, which was $17.85. <<

But you are implying that they saved expenses in future periods. It looks to me that those expenses would come only into play if AMAT trades above 17.85. It looks more like a move to me to get the shares into employees hands while they can make some money off of them instead of waiting. Like the release said, "This accelerated vesting may also have a positive effect on employee morale and retention.
"

I don't see reading into this that this next quarter is good.