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

To: Michael Bakunin who wrote (71198)12/1/1999 1:48:00 AM
From: Exacctnt  Read Replies (1) | Respond to of 132070
 
mb, <<<Options grants certainly smell like an expense to me.>>>

What would you say if a conservatively run company kept in its Treasury Stock account, via a share repurchase program, a number of shares equal to the number of options granted and outstanding? Would that company be required to expense the gains the employees receive when the shares are exercised? If so, why?

Regards


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