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To: Oeconomicus who wrote (5929)6/5/1998 7:47:00 PM
From: Skeeter Bug  Respond to of 8002
 
bob, i bet they are doing this. technically legal, yes. so is giving stock options and buying back shares to pay employees w/o running it through the income statement.

i absolutely EXPECT them to do this. you BETTER BELIEVE they will account for this program in the most favorable manner.

in addition, they postpone their entry into the sub $1k market...

it was an excellent strategic move for the short to medium term. postpone their entry into the death market where they can't compete, generate a little hype to boost sales and gives them the opportunity to finagle with their books.