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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (42584)1/7/1999 8:50:00 PM
From: Exacctnt  Read Replies (2) of 132070
 
Mike, I ran across this article dealing with companies selling puts on their own stock. In this case, the Microsoft CFO is responding to alleged handling of the proceeds in the financial statements.

microsoft.com

The original article is in the "Financial Engineering" link.

It appears that proceeds are not reported as income.

Regards,
Bob
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