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To: Skeeter Bug who wrote (14745)7/13/2001 3:32:50 PM
From: Boca_PETE  Read Replies (2) | Respond to of 42834
 
Skeeter Bug: RE:("is an opportunity cost a real cost?")

Are you the kind of person who claims to have saved $50,000 by not buying a new Mercedes ?

I save $5.2 million today by not buying a large house I saw advertised in a Real Estate Brochure.

It should be obvious that the use of opportunity cost in accounting and reporting is inappropriate. If it were used, image the abuses that would result from such "coulda-woulda" subjectivity.

The arguments you raise in your post are specious and not relevant to the issue. It's a laughable stretch to talk about electric companies to accept stock in payment of electric bills when there likely are no such companies.

P



To: Skeeter Bug who wrote (14745)7/13/2001 6:08:12 PM
From: sea_biscuit  Read Replies (1) | Respond to of 42834
 
pete, if msft paid their electric bill in stock,

Well, I know of a few cases where people were paying their mortgage bills in stock. I think they are in deep doo-doo now...

The stock option fad is going to become a thing of the past. It will take a few years for us to get there, though.