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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (29217)4/25/2000 10:31:00 PM
From: pater tenebrarum  Respond to of 42523
 
it is simply amazing...otoh, it's pretty clear that MSFT doesn't want to lose the ESOP related tax concessions, without which it would probably never have turned a profit. not to forget the put selling and assorted activities related to stock market speculation.

the Japanese bubble masters could actually still learn a thing or two here, as unlikely as that sounds.



To: Giordano Bruno who wrote (29217)4/28/2000 2:06:00 AM
From: Ken98  Respond to of 42523
 
And the Queen of Hearts told Alice:

<<But the newer technologies, and the productivity and bull stock market they have fostered, are also accentuating some accounting difficulties that tend to bias up reported earnings. One is the apparent overestimate of earnings that occurs as a result of the distortion in the accounting for stock options. The combination of not charging their fair value against income, and the practice of periodically repricing those options that fall significantly out of the money2, serves to understate ongoing labor compensation charges against corporate earnings. >>

federalreserve.gov

And this from the Mad Hatter himself, no less...

cs.cmu.edu