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To: The Duke of URLĀ© who wrote (174403)5/8/2003 1:38:23 PM
From: COMMON_SENSE  Read Replies (2) | Respond to of 186894
 
Disclosure is a balance sheet item

and deductability is an income sheet item.

I think options should appear as both a long note on the balance sheet and also as a line item under the liability side of the sheet.

If, during that quarter, they issue additional options, that should be listed as a deduction or expense on the income statement.

That would be a true disclosure. Both the income statement and balance sheet need to relect the exposure to the stockholders of past and present option exposures.

Nothin I am saying is confusing. It is all just simple acocunting 101.