SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Employee Stock Options - NQSOs & ISOs

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Clarksterh who wrote (36)6/13/2002 3:49:33 PM
From: hueyoneRead Replies (1) of 786
 
Yes, I am missing your point. Cash flow is cash flow and there is no making cash flow "smoother or rougher". In the end, net cash provided by operating activities is a pretty hard number.

Can you tell me from your philosophical point of view how donating shares to charity and taking a charge against earnings (net income) for the market value of the securities is different than compensating employees with stock options and valuing the options at market value minus strike price at time of exercise and taking a charge against earnings? Again, you cannot. There is no economic difference.

I am beginning to suspect that as a telecommunications executive with a Stanford degree, that your compensation package is likely to be heavily weighted with stock options and that your objectivity in this manner is colored accordingly.<ggg>

Uncle Frank's only complaint about stock options is that he doesn't have any. I don't have any complaints against stock options; my only complaint is that there is no accounting for stock options. In some cases this has perverted investment opportunities so that otherwise good companies are no longer a worthwhile investment from the public's point of view---unless the greater fool theory rises to prevail once again.

Best, Huey
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext