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To: Victor Lazlo who wrote (101104)4/15/2000 11:47:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
vl, actually, i'm hoping for a stock repricing. -ng- as far as working to "earn" options, i have no problem w/ that as long as stocks reflect businesses.

they haven't for quite some time. someday, they will. many folks are wealthy b/c they were 1. born at the right time in the right area, 2. benefited from irresponsible credit creation and 3. benefited from folks letting greed take over their mental faculties.

most recent gains are due more to the above rather than anything else.

ps - option grants should run down the income statement to reflect the fact they aren't "free."

next week will be VERY INTERESTING! :-)