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: Elmer Phud who wrote (177868)	5/9/2004 12:16:36 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 186894

I agree completely with you. Every time I see options expenses justified, particularly options expensing at grant, it seems the argument falls back on why traditional equity options are valuable. The fact is that stock options are not equity options, they are worthless to all but one individual, and subject to the whims of another individual (the employer) for the entire period of their existance. This discussion reminds me of the owners vs. players baseball disputes though, there is no way to win. And I remain unconvinced about options as an expense (particularly at GRANT) even though somebody writes a book titled "for the last time options are an expense". But anyway since we have wage deflation in engineering I can see options expensing as a way to reign in executive pay packages, so options expensing isn't all bad in my book anymore.