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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (9886)	7/24/2002 3:41:10 AM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

NM, Liebermann and others believe that if stock options are expensed, that means a company is actually receiving a double penalty. Not only the cost of the options as an expense but the dilution as well, which reduces EPS. Many CEO's, regardless of religious belief, agree with him, as you might expect. I have not made up my mind. I think that some accountability is necessary. Of course we will see earnings drop fairly dramatically in some high tech companies so those of you for it, better be prepared to lose some money if you hold stocks with lots of options and this gets passed. NM, we try not to talk religion and certainly not biased religious points of view, as you obviously seem to be doing. I would appreciate you abiding by that.