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Technology Stocks : How high will Microsoft fly?
MSFT 476.24+0.3%3:59 PM EST

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To: David Howe who wrote (71959)8/1/2002 12:31:38 AM
From: Exacctnt  Read Replies (1) of 74651
 
<<<<Is jonkai actually arguing something different than this?>>>>

He is saying that FASB 123's "fair value method" supersedes the "Treasury Stock method". I say that FASB 123's "fair value method" is a function of expensing options either on the income statement or in a footnote. It doesn't deal with the calculation of diluted share count. The "Treasury Account method" actually determines the number of shares attributed to dilution. No matter how options are expensed the number of diluted shares has to be determined. That's what the Treasury Stock method does. He has shown me nothing in his links or purported research that says the Treasury Stock method will no longer be used.
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