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To: Skeeter Bug who wrote (16414)	8/9/2002 3:07:38 AM
From: Simba	Read Replies (1) \| Respond to of 42834

Yup, I agree that companies which do not want to expense options as a non-cash expense should not be given the tax deduction. If the dumb shareholder suffers because of dilution it is their loss just as the dumb buyers of dot com stocks. By IRS paying for their mistakes the govt revenue goes down and the people who never owned a single share of this company stock will finally end up subsidising due to increased govt. deficits/taxes. OTOH companies which prefer to compensate by stock or cash deserve the deduction from the IRS. Let the company which gives out stock options pay from their pocket to offset the dilution instead of robbing other citizens. Simba