[Am-info] Re: X-Box Dud

[Hans Reiser]

John J. Urbaniak wrote:

>
>sturde@az.com wrote:
>
>>...
>>
>>It is interesting that a recent WSJ stated that Greenspan is insisting
>>that granted stock options be written off against current income.
>>
>>James Sturdevant
>>
>>-----------------------------------------------------------
>>
>
>If the options are granted primarily in lieu of commensurate salaries, you bet
>your bippie they should be considered as current expenses.
>
>If this is done, I'm convinced that Microsoft has lost money for the past
>several years and will lose money in the future.  And when the employees
>realize that they have been taken to the cleaners, they'll be really, really
>mad. So will the stockholders.
>
This will be true of not just MS, but of a huge portion of the tech 
industry.

Greenspan is probably right though.

So nice to be privately held, none of this quarterly earnings enhancing 
bullshit, in fact our only form of panic is that we made too much money 
and might have to pay taxes, oh no!

I find it really nice to not have any ethical obligations to persons 
other than customers for how I spend the money....

>
>
>They are NOT the best-run company the world has ever seen.  They do NOT have a
>top-notch management team.  They are charlatans.
>
>John
>
>
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