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

To: Chuzzlewit who wrote (43860)	5/20/1998 2:21:00 PM
From: Michael Burry	Read Replies (2) \| Respond to of 176387

From an accounting point of view, shouldn't we as shareholders know what these costs are? That's the point. Options are an off-the-books way of compensating employees while keeping earnings shining. Warren Buffett would never do it, which is good enough for me. I agree with several other sensible SI posters that this options game will be the downfall of this market. Just because GAAP doesn't have a good way of accounting for them doesn't mean the problem doesn't exist, no matter how much the companies would like us to think so. It gets worse when the board is essentially in bed with management. Good Investing, Mike