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To: PJ Strifas who wrote (26707)4/20/1999 5:32:00 PM
From: Loring  Respond to of 42771
 
PJ: Do you think the analysts scrutinize this "loophole"? And if so, have you ever seen anything reported in the media re this?



To: PJ Strifas who wrote (26707)4/21/1999 10:24:00 AM
From: primepower  Read Replies (1) | Respond to of 42771
 
Employee stock options only effect the tax liability, as the difference between the option price and the fair market value on the date of exercise is allowed as a deduction for tax purposes.

There is no revenue from options.