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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (17953)4/3/1999 4:33:00 PM
From: CatLady  Read Replies (1) of 18691
 
NEW YORK,March 31 (Reuters) - U.S. accounting rule makers moved Wednesday to close a loophole that allows companies to re-price employee stock options without eroding earnings.

The move is likely to rankle hi-tech companies that rely heavily on the tool to prevent an exodus of valuable employees if their share prices happen to head south.

full text at biz.yahoo.com

Let's hope that rule is implemented soon!
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