<Right, and Microsoft buys back stock all the time, paradigm shift or no paradigm shift. Enough that if it was accounted for, they'd show a loss in the quarter options go out. Oh, I forgot, in Reggie's world, it's an employee compensation funding event, not a stock buyback.>
That's right Dan, it funds employee benefits, big difference. IBM should have taken thier share buyback program funds and found a way to produce thier own NT 4.0, marketing push and all.
Do you think MSFT would have been worth what it is now if they put their NT development dollars into a share repurchase program? You also need to talk to your accountant about options theory, the liability would not produce a loss, if they were accounted for properly. Maybe you should check my site, the info is there in black and white.
Oops, I forgot, we are suppose to be insulting each other calling others names instead of talking about real finance and investments. I'll refrain from this unproductive banter:-) |
