Monster Options

Ooooh, dear, looks like the people at Monster.com have been very naughty boys over backdating their option grants:

Monster.com - the online recruitment site - has told the Securities and Exchange Commission (SEC) that it has been over-stating its profits since the late 90s.

Since 1997 until 2005 the site exaggerated profits by a total of $272m. The company said its investigation into backdated share options was almost complete but it expects to make final recomendations in the first quarter of 2007. Several dozen Silicon Valley companies are accused of mis-stating results and backdating share options.

This is the sort of thing that can lead to jail time, depending upon exactly what they were doing.

 

Technorati tags: Monster.commodities, backdating, options

Nokia 9300

The Nokia 9300 is a mobile phone for the US market.

The technical specifications are as follows:

	Advanced voice features: handsfree speakerphone and conference calling capability1
	Full keyboard and two 65,536-color displays
	Messaging options: email with attachments, SMS, Instant Messaging and MMS1,14
	Office applications: Documents, Sheet, and Presentations (supports the most common features of Microsoft Word, Excel and PowerPoint; Microsoft Office 97, 98, 2000, XP and 2003)
	Organizer (calendar, contacts, tasks) and email with PC synchronization via Nokia PC Suite software4
	Large memory storage: 80MB built-in memory plus Multimedia Memory Card (MMC)
	High-speed data connectivity; up to 53.6 kbps GPRS, up to 236.8 kbps EGPRS (EDGE)1

Full details and further specs can be found at the Nokia 9300 web page.