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To: Tenchusatsu who wrote (171026)9/12/2002 8:31:15 PM
From: Ali Chen  Read Replies (1) | Respond to of 186894
 
"I said it was a zero-sum game, assuming every option gets exercised."

And I am saying that the scheme "10 years ago vs. today" does not constitute "revenue", therefore there is nothing
to be summed to anything, much less to "zero", and
only the accounting "game" and smoke is left in your
construction.

To understand the absurdity of the "zero-sum" construction,
see the following example:
Message 16833577
Message 16833987

- Ali



To: Tenchusatsu who wrote (171026)9/12/2002 11:58:48 PM
From: The Duke of URL©  Respond to of 186894
 
Having Ali explain the intricacies of tax accounting treatment and econonmic considerations of options is like getting a facial massage from a leper. It seems alright at first, until you actually think about what he is doing.


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