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To: Oeconomicus who wrote (145096)8/9/2002 11:02:56 AM
From: GST  Read Replies (1) | Respond to of 164684
 
Exccersizing of the options is not the point -- they are selling the premium and they can book this as non-taxable income. A company with $475 million in options income -- in some cases an amount higher that operating profits -- is no what business? And if the same company pays its employees with stock -- an expense that does not need to be booked at all -- it is clear that options-related income and expense accounting is critical to an understanding of the financial position of a tech firm.