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Technology Stocks : Semi Equipment Analysis

SOXX 318.06

+1.4%

Jan 5 4:00 PM EST

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To: The Ox who wrote (4291)	7/24/2002 7:04:36 PM
From: scott_jiminez	Read Replies (1) of 95675

Michael - you're absolutely on the ball regarding expensing options. Coke, Amazon and many other companies 'get it'. Today the country's largest pension fund, TIAA-CREFF, sent a letter to the CEOs of the largest ~2000 companies stating their strong desire to see option expensing. There are some here and elsewhere that continue to do the non-expensing jig, completely oblivious to the 9.0 earthquake mocking the markets. How about just eliminating options all together? Why not give stock directly (if anyone wants equity any more) - an 'option' much less open to abuse...and abuse is what options came to be all about. (and as for today: July 5th redux (i.e. vicious dead cat bounce) ...especially in light of the after hours news from AOL)

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