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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Exacctnt who wrote (46785)	2/12/1999 6:26:00 PM
From: Skeeter Bug	Respond to of 132070

>>Skeeter, I would say that if a company has to buy in the open market stock at $110 a share in order to issue stock to an employee that exercised an option with a strike price of $10 a share is squandering the wealth of the company.<< what is the difference between having $100 and losing $50 and having $50 and losing the opportunity to add another $50? answer: nothing but semantics, imho. my view is simple. options are compensation. period. if you give a lot of options you are paying your people more and ought to get better results. your cost of business ought to be more also. more revenue directly related to more labor expenses. this labor expense doesn't show up now. if you aren't benefiting, in the end, from the options then you are ripping off your owners - and it sounds like you feel the expense of such a program is doing just that so you don't want to report it. correct me if i'm wrong...