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Technology Stocks : Semi Equipment Analysis
SOXX 312.76+1.1%Dec 8 4:00 PM EST

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To: Sam Citron who wrote (4167)7/19/2002 3:20:37 PM
From: The Ox   of 95536
 
Anyone have a link with more details? From marketwatch:

Pitt sees need to reform stock options
--1:45pm - By Rex Nutting
Focusing on the narrow point of accounting treatment of stock options is a simplistic solution to a real problem, SEC Chairman Harvey Pitt says. The problem with options isn't in the accounting, but in their failure to properly align the interests of managers who get options with other shareholders. Pitt said stock options should only be granted for long-term increases in value. He decried the "game" of repricing options or granting new options to replace underwater options.
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