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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Michael Bakunin who wrote (67729)9/15/1999 11:45:00 PM
From: Simba  Read Replies (1) | Respond to of 132070
 
Michael:

You write:

" ...Your remaining worry in extreme cases, like MSFT's, is that cash income under current rules is leveraged to the stock price, due to the tax shield on exercise. If the market goes down, all else being equal, MSFT earns less. -mb
"

You forgot to close the loop: If MSFT earns less the market goes down :-) A nice thought eh!


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