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Strategies & Market Trends : Waiting for the big Kahuna
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To: hsg who wrote (3662)8/4/1997 7:29:00 AM
From: kahunabear   of 94695
 
hsg,

Thank you for your excellent post.

And they say we have no inflation. Think how huge the push for higher wages will be when stock prices fall and all of those options aren't worth anything. Do you know what the journal entries are for a stock buyback ? I know enough accounting to be dangerous and would like to examine this further. I have a funny feeling stock options may be the big "JUNK BOND" type scandal of the 90s once we see this market fall. I guess I shouldn't complain though. I was lucky enough to participate in a very good one.

Britt
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