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To: GST who wrote (139275)2/14/2002 5:00:17 AM
From: Mark Fowler  Respond to of 164684
 
and values are good compared to a yr ago or so in the oil driller sector...



To: GST who wrote (139275)2/14/2002 9:50:32 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
So what do you think of the stock option debate?
>>John McCain and three of his Senate colleagues want to take a multibillion-dollar whack out of corporate America's profit column.

Microsoft would lose more than $2 billion in earnings. About $1 billion would vanish from AOL Time Warner's income statement. Walt Disney would lose almost $300 million and Starbucks $40 million.

In the wake of Enron's collapse and widespread worries about the quality of financial statements, the senators introduced a bill yesterday to force companies to estimate the cost of stock options they give employees and then deduct that sum from their profits.
>>Corporate executives are expected to oppose the measure strenuously, much as they did when regulators considered a similar measure in the early 1990s and 100 chief executives flew to Washington to help defeat it.

uniontrib.com