KKD's FY2001 income before income taxes: $23.8 millionFair market value of options granted in FY2001: $21.5 million.In other words, management's FY2001 option kompensation NEARLY MATCHED THE ENTIRE PRE-TAX PROFIT.Note: The options are worth much more now given the dramatic appreciation of the stock price (my estimate: $40 - $60 million).
Got another sell signal using my system on KKD. There was a buy around 2 weeks back.Take a look at Tyco's stock price. No wrong-doing has been proved there. Investors don't like these murky books.... Maybe KKD will now follow suit.