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Strategies & Market Trends : Good Investment Theses: VALUATIONS w/ FUNDAMENTAL ANALYSIS -- Ignore unavailable to you. Want to Upgrade?


To: Chuzzlewit who wrote (51)4/24/1999 3:44:00 PM
From: Edwarda  Read Replies (1) | Respond to of 160
 
Sorry for the delay in my response. I was reading an e-mail card that just arrived and lost my concentration there for a moment.

What you describe does not take into account that options grants are not steady; they can overlap as well. Administration of a profit sharing plan that attempted to mirror the effects of options grants could turn into a nightmare. Moreover, you are overlooking the fact that so many do not, in fact, vest--never mind are not exercised.