Related Publications, Sites

MG Holdings/SIP™ - Corporate Advisory

Intelligent Equity Finance™ for Undervalued Corporations

PRINCIPAL AUTHORED PUBLICATIONS - CASHLESS BUYBACK

The Cashless Buyback - Antigravity Not Required (8/16/07)

The Cashless Buyback Plus: Beating the Stock Plus Warrants Model (2/18/10)

American Equity Rights Offerings v. HSBC/Goldman European Rights (7/6/09)

Breaking Monte Carlo - Standard Option Limits and Implications (1/2/12)

Breaking Monte Carlo Addendum - Option Price Equilibrium Implications (1/20/12)

Case Study - Precedent Transactions (11/1/15)

Case Study - $1.742 Billion CFO (MPS Cashless Buyback) (3/28/16)

Case Study - $14.5 Billion CFO (NVIDIA Cashless Buyback) (5/30/16)

The CFO's Guide to Cashless Buybacks - How to Repo 1/2 Your Company (9/19/16)

PRINCIPAL AUTHORED PUBLICATIONS - BUYBACK RELATED TOPICS

BUYBACK (EQUITY) ACCOUNTING

Accounting for the Buyback Boom - Options/Equity Expensing (3/31/07)

GAAP's Gap: Equity, or...Pacioli after the Dutch East India Company (12/5/07)

COMMON TERROR: Permissible Accounting Error - Teradyne Case (3/9/09)

Rumpelstiltskin Accounting - Spin Gold from Straw (ASRs V-SIMG) (3/12/09)

Sunstruck: Corporate Stock Loan Accounting (ENER, ESLR, SPWRA; 3/23/09)

Recognition of Intangibles: Response to Penman / CEASA (11/2/09)

BUYBACK GOVERNANCE

Liability in Execution of 10b-18 "Open Market" Stock Repurchases (8/28/06)

Shareholder/Optionholder Buyback Conflicts (7/17/07; 11 Case Studies)

Sen v. Jagolinzer: 10b5-1 Stock Sales "Use" and "Misuse" (7/16/08)

Penny Ante: Are 10b-18 Commissions Excessive? Microtune Case (1/15/09)

Do Poor Buyback Motives Mean Poor Buyback Results? NSM Case (8/2/10)

Do Stated Buyback Motives Correlate with Buyback Results? KLAC Case (9/23/10)

BUYBACK PROFITABILITY

Efficiency and Performance in $91 Billion of 10b-18 Buybacks (10/30/06)

Mirror, Mirror...: Buyback Profits of 276 Corporations, 2007-2008 (1/25/09)

Buyback Profits of 273 Corporations, 2000 into 2009 (7/13/09)

Buyback Profits of 280 Corporations, 2000 through Late 2009 (1/3/10)

Buyback Profits of 275 Corporations, 2000 through Early 2010 (7/6/10)

Buyback Profits of 252 Corporations, 2000 through Early 2011 (7/5/11)

Buyback Profits of 232 Corporations, 2000 through Early 2013 (4/30/13)

ACCELERATED STOCK REPURCHASE PROGRAMS

Convertible Funded Stock Buybacks - CY Study (10/4/07)

Accelerated Stock Repurchases I - AMAT, CY, LLTC, XLNX Cases (10/12/07)

Accelerated Stock Repurchases II - HPQ Case (10/23/07)

Accelerated Stock Repurchases III -KLA-Tencor Addendum (7/6/08)

Collateral Damage: Do ASRs Carry Counterparty Risk? ESLR Case (10/9/08)

SECONDARY AUTHORED PUBLICATIONS

Shareholder Buyback Benefits? TXN Case (6/12/07)

How Execs Earn Sweet Fees on Buybacks (#2) - NVIDIA Case (6/14/07)

Sweet Fees and Remedies on Buybacks (#3) - Intel Case (6/18/07)

Analyzing Stock Buyback Board Decisions (#4) - Oracle Case (6/20/07)

Comparing Stock Buybacks (#5) + Symantec Case (6/24/07)

Comparing Stock Buybacks (#6) + Applied Materials Case (6/26/07)

Comparing Stock Buybacks (#7) + Xilinx Case (7/5/07)

Comparing Stock Buybacks (#8) + Cisco Case (7/8/07)

Comparing Stock Buybacks (#9) + Synopsys Case (7/13/07)

PUBLISHED LETTERS

Accounting for Equity Transactions: Marking Equity to Market, FASB Open Letter,

RE: FASB Preliminary Views 1550-100 - Instruments with Equity Characteristics, FASB

website 12/5/07

Battle for Influence, (RE: FASB / Mark to Market Options Accounting), CFO Magazine, 10/1/07

Mum Is Not the Word, (RE: Corporate Liability Attached to Buybacks), CFO Magazine, 2/1/06

OTHER RELATED WORKS

Cashless Buyback™ patent application (pdf download)

Can You Have Your Stock and Sell It, Too?, Randy Myers, CFO Magazine, 11/1/06

(including report of potential, upcoming Lerach buyback litigation)