Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (176352)	1/2/2004 12:45:49 PM
From: hueyone	Respond to of 186894

OT: Stock options and international competitiveness I was discussing the Chinese government's handling of stock options Ok, we will remove India from the discussion and focus on China, but our discussion started out by you suggesting that expensing options was going to put us at a disadvantage for competing internationally without you naming any particular country---#reply-19463024 But now US companies could be encumbered by expensing, while our international companies are not. So our costs go up, while overseas their costs go down. I responded by posting and documenting the International Accounting Standard Boards policy stating that they were seeking global standards in the long run that would require all countries to expense stock options, with links to IASB documents in both this #reply-19463024 and in this #reply-19466955. Then you tried to cover your ass by changing your original conclusion (which ostensibly applied to most countries) and asked us to prove whether the IASB policy applies to China, while also strongly implying that China's stock option policy was somehow more favorable: It's illogical to make the USA less competitive than China. #reply-19500677 Since you are the one suggesting that expensing stock options will make us less competitive with China, it up to you to support your point. Rkal asked you to enlighten us regarding China's use of stock options saying this: You've apparently found a source indicating China will not be expensing stock options. Would you please provide a link? #reply-19500888 You failed to respond to his request or to illuminate what was going on in China. Then a few days ago, you once again implied that China has a better stock option policy in #reply-19637560, with this statement: You can structure accounting any way you want, but if China has a better option policy than your country and is attracting more entrepreneurs and engineers as a result, your accounting won't matter because your company may not exist for long. Once again, I asked you to enlighten us regarding China's stock options policies and received back from you a pile of vague, stream of consciousness posting, and then this last post which once again fails to provide a single live link. So here is where we are Amy. You made a blanket statement that expensing stock options was going to put us at a competitive disadvantage internationally (not mentioning any particular countries) which was largely shot down by me noting that the IASB is leading a long run charge towards global accounting standards that would encourage all countries to expense stock options. Then you changed your conclusion to expensing stock options will put us a disadvantage to competing with China, but you have failed to support your China conclusion with any data. A second argument to pursue, once we find out whether or not China will follow international standards of accounting once stock options are expensed, is whether or not expensing stock options will give a rogue country who does not expense stock options any competitive advantage over countries who do expense stock options. I don't necessarily think it will. But the argument for now is for you to support your contention that expensing stock options will put us at a competitive disadvantage to China or any other country in the globe. If you are unable to support your conclusion and can offer absolutely zero substantive, live links to support your conclusion, as certainly appears to be the case, then please stop referring to expensing stock options as being legislation likely to hurt USA's international competitiveness. JMO, Huey

To: Amy J who wrote (176352)	1/4/2004 12:12:42 AM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 186894

AmyJ, look what I found. Does this seem right to you? Doesn't appear to jive with your statistics. One Million Graduates Face Unemployment in July Almost half of China's university students, or some 1 million, will not find jobs after graduating in July, experts have predicted. The employment rate for college students upon graduation was 65 per cent last year. The job crisis has also been caused by the growing number of college graduates each year as a result of enlarged college enrollment since 1999. china.org.cn The problem is- I can't tell how old this article is. Even so I am surprised at this level of unemployment in China, a country that has a REAL 8% GDP.