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SOUTHPEN

07/31/12 5:09 PM

#14314 RE: fenchel #14313

No ,there are set rules governing options for publicly listed companies and so long as they adhere to those rules ,they can do what they want.
The market is suppose to punish greed.Maybe it did.The options were very poorly timed. Yahoo board bashers had a field day.I was defending the company . The options were reading at pre split prices ,so it showed about 33 million of them but the reality was about 7 million. We have presently about 62 million out and 69 million FD.