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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Greg h2o who wrote (31894)	1/23/1998 4:52:00 PM
From: username	Read Replies (1) \| Respond to of 61433

Hey, bro, I'm not arguing with the numbers. The street knows the deal: revenues, margins, profit, nothing has changed, the only change is that the number that is reported is a better indicator of the truth. It does not dilute the EPS! It changes the calculation, so it's out in the open, and you can still calculate the "old" way if ya want to, but the rest of the world will not. This is not bad. The stocks that will suffer are the deals that should suffer anyway. So I see nothing bad about it at all. I agree, (as a shareholder), that you have a valid point about the repricing. But it's done, and it's perfectly legal. If I worked there, and I owned options at X amount, I guarantee that I would sit up and pay attention if they went down no matter where I owned them. If the street creamated my stock and I took a "mental" hit, I would not be happy. If my boss said, "Hey, we're not going out of business, here's a new deal for ya, get back to work and kick bootie.", I'd say fine! Remember, you and I don't know the stipulations attached to the options, (at least I don't), so it's moot, in my opinion. But I got what ya said about the repricing, and you have a legit point. pete