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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (68736)9/17/2007 2:31:25 PM
From: inaflash  Respond to of 213177
 
Hmm what I have read is that in terms of sheer quantity, Apple was the worst of all the current cases. It seems like apple was doing a mass reprice for all employee options, which a lot of companies do, and this amounted to 20% of outstanding options. thats huge, just on that one reprice.

From an accounting perspective, the reprice is a wash. Figuring out the difference in tax liability is nickle and dime. I'm not saying it's not costing the company money to reprice the options, and I don't think anything thought that either. Pricing/valuing the cost is the issue and I'm saying the repricing mistake is offset by the original grant mistake more or less.