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To: Amy J who wrote (176289)12/29/2003 6:54:05 AM
From: rkral  Read Replies (2) of 186894
 
OT ... Amy, re Craig Barrett's statement that "Lastly, government should do no harm with rules and regulations. Expensing stock [ed: options] is a good example of doing harm. Regulations put in place in California over the last 20 years are an example of doing harm. They are making U.S. industries more non-competitive on a daily basis."

There is no association between California regulations and expensing options, IMHO. I forget the logic term for the above type of argument .. but it's an implication without logical basis. It's a play on emotion, rather than an appeal to the intellect.

Obviously, Craig Barrett is an extremely intelligent and capable man, but when it comes to expensing stock options, the man has blinders on. Management .. and politicians .. need to let accounting matters be decided by accountants.

Regards, Ron
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