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

To: Lizzie Tudor who wrote (6005)	6/11/2002 1:21:49 PM
From: hueyone	Read Replies (1) \| Respond to of 6974

Let me ask a bonehead question here- if you are expensing options and you have a situation like 2001 for larry E where he was granted a bunch of stock when the company was on tentative footing (to say the least), and 10 years later he has a colossal gain- is it necessary to expense this in the year of exercise, only? That doesn't seem right to me That doesn't sound like a bonehead question at all. I am really coming at this from a layman's perspective as well, rather than a tax expert. I did notice that the Levin/McCain bill did not prescribe how stock option compensation was to be valued, or prescribe how it was to be expensed. Perhaps companies would have some choices in reporting that would allow amortization of these expenses over time. Best, Huey