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To: LLCF who wrote (5655)7/25/2000 1:10:53 PM
From: Ilaine  Read Replies (1) | Respond to of 436258
 
In the example of Amazon's vendor being paid in Amazon stock, as you pointed out, "cost of goods sold" is zero, so there is no tax deduction, either, so it's not a free lunch. Further, the vendor does have to pay cash to the publisher for the books, and the publisher has to pay the printer, and the printer has to pay the paper company, so someone, somewhere, has to make some real cash or the whole thing will collapse.



To: LLCF who wrote (5655)7/25/2000 1:12:53 PM
From: PerryA  Read Replies (1) | Respond to of 436258
 
David,

The following is a good one for you re options for RIMM. From the "Research In Motion Limited 2000 Management Information Circular" the "Value of Unexercised in-the-Money Options at February 29, 2000" for the top 5 executives totaled $195,632,400. That compares with year 2000 total revenues of $84,967,000! Thank goodness they aren't expenses! Of course, RIMM has corrected since then.

Regards - PerryA


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