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Technology Stocks : CYRIX / NSM -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (28403)	7/20/1998 7:13:00 PM
From: Joe NYC	Read Replies (2) \| Respond to of 33344

Bob, I'm ordering this book for the purposes of gaining a greater understanding of this. THat's probably the best approach. I am just trying to connect the bits and pieces of this puzzle. The bottom line seems to be that the stock options granted to employees represent a leak of money, that is hard to measure. BTW, NSM is heavily into this as well, according to an article I read recently. In addition to normal practice of granting option, there was a message on Yahoo stating that NSM re-priced some stock options from $30 to $15. I am not sure if this accurate and if was done retroactively or not. I think the SEC or the accounting profesion should do more to protect investors. Even the taxpayers get screwed. While most of the taxpayers receive income in form of regular income, employees and officers of option-granting firms get paid by income in form of capital gains, which is taxed at lower rate. The flip side of the coin is that if a company is over-stating and over-reporting the true income, I guess the company ends up paying higher corporate taxes. Joe