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To: KeepItSimple who wrote (157662)3/30/2002 9:36:13 AM
From: kvkkc1  Read Replies (1) | Respond to of 436258
 
The whole argument is bogus. What does it cost to write down on a piece of paper that one is granted options that are exercisable in x years, normally outside of the current LEAP range. Assigning any value is no better than a guestimation. They are worthless until exercisable. It costs the corporation nothing. Yet they reduce the earnings per share in the diluted share calculation.