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  Anonymous Coward, 20 Jul 2004 @ 9:02pm

  
  

  It Just Might Pass

  It might have a better shot in the senate than you think. The the two biggest libs in that body are from California and would vote for this proposal since even the most wacked-out granola eaters in silicon valley are against expensing options. If FASB is left as-is - even though it is just "paper shuffling" - most companies would simply stop giving options to the rank and file to make their reported numbers look good. If that happened, the left-wing techies in NoCal couldn't afford to be liberals any more.
  

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  • 

    Mike (profile), 20 Jul 2004 @ 9:45pm

    
    

    Re: It Just Might Pass

    Except... no. Techies are so used to receiving stock options that they'll continue to demand them. And, don't discount the power of the stock option in luring top employees. Even if companies wanted to stop offering options in an attempt to make their numbers look better, the competitive nature of jobs in the Valley would make it all but impossible.

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      Anonymous Coward, 21 Jul 2004 @ 3:29pm

      
      

      Re: It Just Might Pass

      the competitive nature of jobs in the Valley

      What Jobs ????????

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