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 : Gorilla and King Portfolio Candidates

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: paul_philp who wrote (52232)7/19/2002 10:53:49 PM
From: chaz  Read Replies (1) of 54805
 
Paul...

Options as an expense is a trivial issue which is being blown out of proprtion by the current climate. In the end it makes no economic difference.

I have no problem agreeing with you on this, but that's not the point, and I think you are sophisticated enough to know it. Consider the notion that a company is blessed if it beats whisper numbers by a penny, and is pummeled if it misses by the same amount. Considering the complexity of these companies, how can any analyst come so close? Paul, I'm reminded of the kid's game of find and seek where you're getting "warm" or you're getting "cold". The analyst is "coached" until management is "comfortable with estimates", frequently weeks before a quarter's close. And just why is it that analysts with a "buy" on a stock will wait until the issue has tanked before downgrading it? If they're so clever on the upside, why do they lose that ability on the downside?

So Paul, just how trivial is it when a few dozen corporate executives walk away with 24,000 square foot houses and tens of millions in dumped stock value, while tens of thousands of employees are sent away with ruined retirement plans? Since it may well be a zero sum, perhaps it too makes no economic difference.

Chaz@disgustedrepublicanjoewith sarcasmrecentlyadded.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext