SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Michael Bakunin who wrote (51515)3/11/1999 8:01:00 PM
From: cfimx  Read Replies (1) | Respond to of 132070
 
>>Where did you get the idea that this decreases shares outstanding? It is by diluting existing shareholders that these "free" options exact their cost. <<

what I meant was when you run the $1.6 b through the income statement, you pay that out as cash and don't issue the stock. No dilution. I think it's called phantom stock. Let the employees buy it on the open market. If msft did this, they would still have 33% EBIT and LESS shares out.

Forgive me, but I am not convinced that this is a disaster in the making.