SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sun Tzu who wrote (4446)4/12/1999 10:56:00 AM
From: Ian@SI  Read Replies (1) of 15132
 
... these "stock buy backs" that you mentioned are more geared to prevent dilution due to employee option plans than they are for the good of the common share holder.

Pardon me!

Do you believe that "preventing dilution" is not in the shareholder's interest?

Agree that stock options have become a form of employee compensation; that employee compensation is an operating expense; and should be shown as such.

SEC and FASB also think that current accounting practices need to be revised and soon. General populace is completely unaware of the impact of options on operating earnings for the companies that they hold. Few believe that employees actually earn salaries that should be in excess of $2M or $3M annually let alone the tens and hundreds of Millions, some officers are skimming off the top.

FWIW,
Ian.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext