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To: marek_wojna who wrote (72977)7/7/2001 12:44:15 AM
From: ubetcha  Read Replies (1) | Respond to of 116762
 
How true you speak!! Microsoft and other tech companies have been paying their employees for years with stock options. This is a way to put the "moneys" that would go to payroll (and therefore be a cost to the company) on the balance sheet. What does this do?? It shows that microsoft continues to show increasing profits. In some of their years of operation, if these "costs" had been shown on their income statement, they would have had to show a loss. What would this have done to Bill's stock price? Should the price of this stock start to fall, or if all the employees sold at the same time, it would really affect accounting statements. The same type of accounting has been going on in a lot of the tech stocks, so it is no wonder that they are starting to see the fruits of their stupidity. When people have finally got all the tech that they need, it could really have a major affect. Let us see what happens to the big guys like the major chip makers. Good luck to the NASDAQ is this happens.
Terry