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JDS Uniphase Corporation Message Board

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  • rock12077 rock12077 Aug 29, 2005 2:30 PM Flag

    John Peeler

    He didnt buy anything, he was granted options to buy at 1.51. All this is, is a way for him to replace the stock he just sold with NO risk... THat is all, it is NOT an insider buy yet because he did not exercise them, and probably wont until the stock is much higher, insuring him a profit... In my opinion he should have gotten a cock up his ass for selling the stock to begin with, and what does the company do? they issue just as many shares in the for of options to reward him....

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