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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: John F. Dowd who wrote (71349)	7/19/2002 8:31:06 AM
From: Charles Tutt	Read Replies (1) \| Respond to of 74651

A bunch of bananas has value today even though it won't in two years. Similarly, options are perishable. They have value when granted, although they might not later on. JMHO. Charles Tutt (SM)

To: John F. Dowd who wrote (71349)	7/19/2002 8:38:48 AM
From: Exacctnt	Read Replies (1) \| Respond to of 74651

<<<<And if this method or any other method results in giving a cost to something that is worthless then that is NOT accurate accounting.>>>> Bingo! In their zeal to do something, the public and politicians are convinced that a method for expensing options needs to be implemented. The problem is that any method used to expense options has flaws and unintended consequences. I don't think that this would be a big issue if it wasn't for the fact that greed and excessive grants have pissed off investors.