SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: rkral who wrote (63561)4/15/2003 8:29:20 AM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
To answer your question, it's not the relative percentage of options to o/s shares I'm concerned with. Rather, its the ongoing dilution of the company and the lack of expensing that concerns me. So, I'd like to see less options given out period and all of them expensed, before I become a buyer of this stock again. That may come sooner than you think too. I think there is a good chance that might happen in 2004.

As to my statement on the level of education it takes to understand why not expensing stock options is bad, that's not arrogance, it's just a fact. It's akin to a lawyer saying it takes law school and several years in the field to truly understand corporate law and whip up relatively iron-clad legal docs. Would you call the lawyer arrogant for saying that?

Look, people are trained in specific areas so that they can reach some verifiable level of expertise. When they reach that level, more often than not, they are more qualified than someone who is not trained. That's not arrogance. That's fact. WRT stock options, it doesn't surprise me that there is so much debate. I would lump myself in the heavily trained category and I still had to think long and hard about it and I had to go back and read lots of white papers and opinions on it, before I formed my own. This isn't easy stuff. So to expect everyone to get it is hoping for too much.