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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: thecow who wrote (4247)	7/11/2001 10:02:30 PM
From: Hawkmoon	Respond to of 33421

Everyone should read that article John. And then they should reassess their opinions on MSFT, CSCO, and so many other internut stocks that treated options as a means of lowering wage costs. This was one of the mechanisms abused in such a way to push wage costs onto shareholders and keeping a lid on wage inflation. Now it's coming back to bite stockholders in the butt. And it's probably one of the main reasons, I opine, that each of the current "generals" of the Nasdaq are being taken out one by one and shot. MSFT taking a $2.6 Billion charge for the last quarter due to investment losses. That will net them approx. .01/share in profit. Hawk