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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (15619)	5/5/1998 8:27:00 AM
From: eddie r gammon	Respond to of 18056

A combination like that would make you richer than Buffet (g) erg

To: John Hunt who wrote (15619)	5/6/1998 6:57:00 AM
From: John Hunt	Read Replies (1) \| Respond to of 18056

members.aol.com << The N.Y. Times had this to say: "Among the 200 largest United States companies, stock options represent, on average, more than 13 percent of all shares outstanding, a figure that has roughly doubled over the last decade". "Companies say stock options provide an incentive for employees to work harder and help retain valued workers. But institutional investors say that many companies have gone too far, giving so many options to top executives and employees that they are transferring wealth from outside investors to employees". My view is that there is nothing wrong with options. Employee ownership is a great idea. However, options are a form of compensation and they should be expensed. They aren't at present. More important, since they are becoming more popular, not only are earnings overstated but so is the growth rate of earnings! >> Many other interesting comments on stock options. John