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URL:  https://boards.fool.com/for-a-stock-that-has-split-9-times-in-21-years-25000385.aspx

Subject:  Re: The WSJ: New Look, Same Blind Spot Date:  1/4/2007  9:56 PM
Author:  WatchingTheHerd Number:  200326 of 603896

For a stock that has split 9 times in 21 years, $200 million spread over 20 years seems like a small dilution of shareholder equity. If you even try to come up with a sense of the magnitute of the questionable compensation on a per share basis, you might spread $10 million across 2,040,000,000 outstanding shares and you get a "backdating" tax of $0.49 per share per year. A half of a penny per year. Hardly worth worrying about, I guess, right?

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I actually did the math correctly, just typed it wrong. $200M / 20 years / 2.04 billion = 0.0049 = $0.0049.


WTH
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