Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Ali Chen who wrote (35714)	8/9/1998 6:19:00 PM
From: Dale J.	Read Replies (1) of 1570554

Ali, I happen to agree with you that the accounting of options is clearly and intentionally flawed. Say I buy furniture and they deliver it to my home. I sign and pay for it. It sits in my home for about ten minutes and then they take it out the back door. Well that doesn't do me any good. It's the same with these Billion dollar option plans. Earnings should belong to the investors and not management. The PE ratio is becoming a joke. I'm curious, how does AMD handle stock options. The same way. right? This is a serious problem. FASB and other regulators need to get a backbone. Dale

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