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Technology Stocks : Siebel Systems (SEBL) - strong buy? -- Ignore unavailable to you. Want to Upgrade?


To: Mike Buckley who wrote (5939)6/8/2002 11:52:26 AM
From: hueyone  Respond to of 6974
 
Ok, that definition is not in my 1969 American Heritage Dictionary and that is why I was confused. Perhaps I should look at the updated dictionary on my computer occasionally.<gg>

So I disagree that 419 million in free cash flow is inuring to the benefit of outside shareholders, i.e, increasing their wealth by that amount. I believe we should be seeking a more comprehensive number, including adjustments for employee stock option expense, to determine the real impact of the company's operations on shareholder wealth.

Best, Huey