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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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To: The Ox who wrote (4272)7/24/2002 1:12:04 PM
From: Cary Salsberg   of 95572
 
Most of the companies I own report stock buy back plans and actual costs of buy backs. They also report the number of shares outstanding. The buy backs are used for employee options. These dynamics are reflected in cash and book and treasury stock on the balance sheet.

I am all for transparency and I have invested in technology because I can believe that honest above average returns are likely here. I don't think that expensing options is the best way to make them transparent. I think a public list of the number of options granted and the strike prices and expiration dates is sufficient.
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