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To: Elmer Phud who wrote (178311)6/16/2004 7:05:02 AM
From: rkral  Read Replies (1) | Respond to of 186894
 
OT .. elmerp, re "Yes it was flippant. What I'm reacting to is the extreme over reaction caused by the Enrons and the WCOMs ..."

You ducked my first question with a flippant response. You didn't address my follow-on, briefer but similar, question. They were serious questions, so I'll try a third time. Paraphrasing the first two ...

Why do option writers on exchange markets insist on receiving money, but ESO writers -- companies -- insist that ESOs should be valued at $0?

Ron

P.S. I agree pro-option-expensing folks should not make a connection between the "Enrons" and expensing options .. because the connection is weak, if any at all.

But the Enron argument is a weak one for you to use too .. because the FASB wanted options to be expensed a decade ago, long before Enron.