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To: hueyone who wrote (61142)8/29/2002 11:18:38 AM
From: willcousa  Read Replies (2) | Respond to of 77400
 
I don't see the need to expense stock options if the source of the stock is the printing press. And today it may be an even cheaper source - book entry. If the stock is procured in the open market - then expensing would seem to make slightlyt more sense. But in either case you are talking about balance sheet activity, not income statement activity.

The expensing movement would appear to be borne out of a desire to punish business rather than to foster good accounting.



To: hueyone who wrote (61142)8/29/2002 10:35:16 PM
From: RetiredNow  Respond to of 77400
 
Well, I really can't refute anything you said, as I agree with all of it. But at least it was a nice gesture to lower his salary to $1. :)



To: hueyone who wrote (61142)9/2/2002 9:31:23 PM
From: Victor Lazlo  Read Replies (2) | Respond to of 77400
 
Chambers is one of the least-trusted CEOs in a poll quoted by BusWeek. He should resign.


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