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To: Benkea who wrote (45178)4/5/2000 10:36:00 PM
From: Benkea  Read Replies (2) | Respond to of 99985
 
From the annual:

"The Company recorded net income of $61.1 million or $0.10 per share diluted for the year ended December 31,1999 compared to net losses of $12.7 million and $43.4 million, or $0.03 and $0.11 per share diluted for the years ended December 31, 1998 and 1997, respectively."

"Assuming the fair market value of the Company's Common Stock was $200 per share on
January 1, 2000, employer payroll taxes on unrealized gains related to vested and unvested
non-qualified stock options would be approximately $60.6 million and $184.9 million,
respectively."

So how much income is a $60 mil profit less $250 mil in payroll taxes?