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Politics : Ask Michael Burke
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To: Don Lloyd who wrote (69775)10/29/1999 2:19:00 PM
From: Michael Bakunin  Read Replies (1) of 132070
 
Economic costs are hard to quantify. Luckily, in the case of options, companies can always look to the public markets for similar securities. That they currently offer options rather than cash bonuses is no surprise, given the fine tax break associated with exercise. Nevertheless, the idea that options have zero cost seems, at best, counterintuitive. The question, naturally, is how much above zero? -mb
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