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


To: Freedom Fighter who wrote (60222)5/21/1999 11:10:00 PM
From: Exacctnt  Read Replies (1) | Respond to of 132070
 
Wayne, >>>If you subtract out the value (after tax) of the average number of options they grant annually and further subtract out the income they generate from selling put warrants the PE is triple digits.<<<

Cash received by Microsoft for put warrant sales is not reported in the income statement. The only impact on EPS would be on interest income generated by the extra cash received from the put warrant sales.

Regards