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To: GVTucker who wrote (65494)5/14/2004 1:06:40 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 77400
 
OK GVTucker. See here's the thing. I have decided I now want options to be expensed and I am voiceing these concerns. You are shooting the messenger. Is that what the FASB does when congress voices the same concerns? I'd say game over then, the tech lobby wins it. You have known all along that expensing *at grant*, using an estimate (any estimate) is controversial. The only people who argue in favor of it tend to be financial folks. Other people with just a peripheral interest in financials (like me) don't like it, thats what most of congress is.



To: GVTucker who wrote (65494)5/14/2004 1:31:41 PM
From: rkral  Respond to of 77400
 
OT .. GVTucker, re "That's called a European option. The original Black Scholes formula is based upon European options. It prices them just fine."

I've fallen into that same trap, so thanks for making be feel better. :-))

AFAIK European options can be bought and sold anytime, but they can't be exercised anytime.

Ron


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