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Strategies & Market Trends : Employee Stock Options - NQSOs & ISOs

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To: hueyone who wrote (35)6/13/2002 6:07:52 PM
From: rkralRead Replies (1) of 786
 
I would be willing to bet good money that Siebel donated Siebel shares to charity and then took a charge against earnings (net income) for 29M---the market value of the shares on the date the shares were donated.

From the FY2000 10K:
Fiscal 2000 charitable contributions were primarily comprised of the Company's contribution of a portion of the investment in USinternetworking, Inc. to various charitable organizations.

Can I still take the bet? <gg>

Ron
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