Siebel Systems (SEBL) - strong buy? Message Board

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Technology Stocks : Siebel Systems (SEBL) - strong buy?

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To: Stock Farmer who wrote (5934)	6/8/2002 1:55:55 AM
From: hueyone	Read Replies (1) of 6974

Don't subtract, add. This is a compensation expense from granting below-market options. But in the previous post you subtracted: Now, those with sharp eyes will note some compensation expense due to options given out at below-market valuation, totaling 1.6 M$ and stock option tax credit of 10 M$. Assuming a tax rate of 35% makes a total cost to you of 17.0 M$ for stock options & stock option compensation. ($10/35%)- $1.6-$10 = $17. By golly, I think I have caught you twice in rapid succession now.<ggg> If the Levin/McCain bill would pass, we wouldn't have to be spending all this time trying to figure out what the unreported employee stock option compensation cost is. Best, Huey

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