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To: Wizard who wrote (145355)8/13/2002 2:36:50 PM
From: GST  Read Replies (2) | Respond to of 164684
 
"If you want to call it compensation, fine... That doesn't change anything." Again, quite clearly, you fail to grasp the essence of expensing stock options. It is the premium that is expensed -- dilution is completely separate aspect that is important but unrelated to the premium.