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Technology Stocks : Apple Inc.
AAPL 273.23+0.1%2:10 PM EST
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To: aaplfan who wrote (57645)10/5/2006 7:59:42 PM
From: inaflash   of 213177
 
Message 22879666

There will likely be penalties and interest owed. However, any discrepancy in options pricing should be a credit to Apple. Unfortunately, this credit will unlikely be collected from the former and current employees who received the option grants. In fact, I suggest Apple help any of these employees straighten out any personal tax issues that arise out of this whole complex matter.

What do I think will be the biggest expense? The independent investigation itself. Countless lawyer and accountant billing hours scouring over communications and e-mails from up to 10 years ago. (Not to mention all the printing and copying costs.) Still, money well spent to get this issue behind them.

Guess what? All these documents will be forwarded to the SEC and AG and TAXPAYER and stockholder dollars will be wasted on even more of all this investigations. They'll spend countless hours on this investigation and come up with nothing to show. If they even consider going after Jobs for "illegal backdating", the rest of the 100+ CFO's being investigated are 100% liable, and they'll have to go after them. No way the government has that much stupidity and is so wasteful as to take on Corporate America on an issue that has no merit for any acts prior to 2002.

The only potential winner out of all this is the IRS who'll collect a little more in back taxes, but depending on how much time and effort it takes, the taxes and penalties collected may not even pay for the IRS agents themselves.
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