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

To: Thomas M. who wrote (68550)	10/2/1999 3:50:00 PM
From: Knighty Tin	Respond to of 132070

Tom, But even using his kissy-face system, eps would be much lower than currently reported.

To: Thomas M. who wrote (68550)	10/4/1999 3:21:00 PM
From: Mike M2	Read Replies (1) \| Respond to of 132070

Thomas, people can argue about the amount of overstatement due to stock option accounting but the current methods are unacceptable to me. In addition, one important consideration overlooked by some is the generous use of options encourages the use of financial engineering and accounting gimmickery to raise share prices quickly rather than persuing a longer term strategy to create wealth through increasing the productive capacity of a company. Mike