Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Don Lloyd who wrote (5538)	7/25/2000 9:36:33 AM
From: LLCF	Read Replies (1) of 436258

<[...If an option is not an expense, what is it?...] It is a restructuring of the ownership.> But these options are given away to retain talented workers... so they clearly also belong in the salary expense category! <If I give away partial ownership of my bag of marbles it does NOT affect the count of the marbles in the bag.> You keep talking about this... see my previous post... giving stock to a new employee reduces the marbles for the 'existing' shareholders just as a cash bonus would. Your assertion that options have no economic value is incorrect. DAK

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