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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year
PSFT 0.00010000.0%Oct 29 5:00 PM EST
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To: Chuzzlewit who wrote (3659)11/20/1998 6:55:00 PM
From: Tom_  Read Replies (2) of 4509
 
Re: raping shareholders.

This also can be construed in different ways.

I think we're talking on different levels, Chuzz.

You're talking--I think--about moral outrage, perceived temporary dilution, and achievable transparency.

I'm talking about keeping the company's engines running.

Well, I refuse to squabble about it. I am absolutely positively one hundred per cent convinced of the following:
(1) GAAP is as GAAP does.
(2) Options are a necessity down here.
(3) Once you grant them you can't just let them go to hell.
(4) The Helmet-Cam never worked; it was gimmicky.

signed
Low-Wattage in Palo Alto

PS: SI has gone all wonky on me this week; did you get my private message about CKR?
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