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Politics : Ask Michael Burke

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To: Bilow who wrote (83051)	8/17/2000 3:35:06 PM
From: Skeeter Bug	Read Replies (1) of 132070

bilow, to add to your thoughts... there is a delay in the reporting of option dilution. sometimes this is a year, sometimes 5 years. until the options vest, NO DILUTION is recorded. short term thinkers running companies (are there any other kind? -ng-) will often find this reporting delay too much incentive to goose the numbers NOW. >>The value of options given to employees must be included as a business expense because it is something the business must do in order to get the employee to kiss his boss' butts (which seems to me to be the primary use of employees, but that is another story completely). << a very ugly story, too... -ng-

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