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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Pirah Naman who wrote (49258)11/29/2001 3:26:02 PM
From: Uncle Frank  Read Replies (4) of 54805
 
Before we skip past operational cash flow, how does a company derive a "Tax benefit from exercise of stock options", and do you think this is meaningful?

Re your comments on capex, your suggestion that we add in Depreciation & amortization and subtract purchases of property & equipment would seem to favor companies that don't find it necessary to add infrastructure to support anticipated growth. I'm not sure this is a reasonable way to evaluate growth companies.

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