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Title: Ok

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Subject: Business
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Date: August 25, 2006
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Length: 9 / 2490
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But what they raised was not enough, so they realized they needed to issue more shares (preferred stock and common stock). They made a stock option plan in 1994, the second stock plan in June 1995, and the third employee stock purchase plan in July 1995; • They initially need in 1995 $49 million ? 3...

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The initial stock-price of $14 is too little, because the initial stock-price of $14 was underestimated regarding to the overall opinion of the investors and the evaluation of the value of the company. They decided to raise more capital then the $49 million by raising the share price to $28...

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