More Whining About Stock Option Expensing

Grok Headline matches for More Whining About Stock Option Expensing

House Passes Bill Saying No To Stock
Option Expensing

House Passes Bill Saying No To Stock
Option Expensing 07/20/2004 06:09 PM
As expected, the House today passed the bill saying FASB can't force companies to expense options, instead saying they should follow the plan suggest ed two years ago by Craig Barrett, that only top execs have their options expensed. The bill still has to make it through the Senate (and the President, of course), which may be difficult. This still seems like a lot of talk over nothing. It doesn't involve any cash movement, just the shifting around of numbers on a piece of paper -- and the most important part of those numbers is already known. Anyone who really needs to know this information already knows it. The only thing this might change is the perception of some people who haven't been paying attention concerning the profitability of a company.

Congress Likes Compromise Solution On
Stock Option Expensing

Congress Likes Compromise Solution On
Stock Option Expensing 06/16/2004 04:44 PM
While the Federal Accounting Standards Board has been planning to force companies to start expensing stock options, Congress appears to have other plans. A committee voted on a new bill that would bloc k FASB's ruling and put in place more of a compromise solution that sounds almost exactly like the proposa l Intel's Craig Barrett made two years ago. Instead of expensing all options, just expense those of the top five executives of each company. This way, companies aren't penalized for giving stock options to everybody else. Of course, it still seems like the whole discussion is overblo wn. It's really just shifting a few accounting numbers around -- and anyone who can do a little math can figure out the impact on financial statements for comparison purposes. It's still unclear why FASB is so insistent on expensing options, when doing so will actually make financial statements even less accurate. Most of the info (other than price, which is pretty much made up on the spot) is already in financial statements, so it's unclear what benefit there is to adding an arbitrary price to the options. This proposed law still has a way to go, however, and some powerful forces are very much against it. As with so much in Congress, expect plenty of heavy lobbying and the end result to probably be a lot less reasonable.

Intel CFO says continues to oppose
option expensing

Intel CFO says continues to oppose
option expensing 05/19/2004 05:43 PM
Reuters May 19 2004 9:33PM GMT

Intel shareholders pass option expensing
proposal

Intel shareholders pass option expensing
proposal 05/19/2004 05:43 PM
Reuters May 19 2004 9:33PM GMT

UPDATE 2-Intel shareholders pass option
expensing proposal

UPDATE 2-Intel shareholders pass option
expensing proposal 05/19/2004 05:43 PM
Reuters May 19 2004 9:33PM GMT

UPDATE 1-Intel shareholders pass option
expensing proposal

UPDATE 1-Intel shareholders pass option
expensing proposal 05/19/2004 05:43 PM
Reuters May 19 2004 9:33PM GMT

The 'real' numbers behind stock
expensing

The 'real' numbers behind stock
expensing 07/26/2004 02:14 PM

Yahoo shareholders reject expensing
stock options

Yahoo shareholders reject expensing
stock options 05/22/2004 08:15 AM
Manorama Online May 22 2004 11:39AM GMT

Why Everyone, Save Silicon Valley, Now
Favors Expensing Stock Options

Why Everyone, Save Silicon Valley, Now
Favors Expensing Stock Options 06/01/2004 07:19 AM
TheStreet.com Jun 1 2004 11:49AM GMT

Tech Companies Told to Start Expensing
Stock Options

Tech Companies Told to Start Expensing
Stock Options 12/19/2004 03:02 PM
The stock-option programs that created legions of millionaires in the dot-com era took a serious blow when the nation's accounting rulemakers decided companies will have to begin deducting the value of options from their profits next year.

Tech firms renew prod on stock options
expensing bill

Tech firms renew prod on stock options
expensing bill 09/22/2004 04:22 AM
USA Today Sep 22 2004 7:52AM GMT

Stock-option attitudes are changing

Stock-option attitudes are changing 01/24/2004 09:13 AM
San Jose Mercury News Jan 24 2004 1:09PM GMT

Other News: Stock Option Accounting

Other News: Stock Option Accounting 06/25/2004 10:24 AM
Changes in stock option accounting rules could affect Apple's bottom line.

Stock option bonanza for Dell's future
CEO

Stock option bonanza for Dell's future
CEO 05/27/2004 07:57 PM

Congress threatens stock option reform

Congress threatens stock option reform 06/14/2004 07:45 PM
Redlands Daily Facts,CA-3 hours ago ... is to ensure a continued source of cheap fuel for smaller businesses to grow, the bill would also grant a free three-year pass to Google, an established ...

Fun With Accounting: How Damaging Will
Stock Option Expenses Be?

Fun With Accounting: How Damaging Will
Stock Option Expenses Be? 06/02/2004 02:41 AM
This argument has been going on for years, and it seems like both sides are exaggerating either the need for or the damage that will be done by forcing Silicon Valley companies to expense stock options. In many cases, those in favor of the plan seem to believe that stock options are inevitably linked to fraud - which isn't true at all. While stock options can be linked to fraud, just expensing them doesn't change that. Most of the information (minus the somewhat arbitrary valuation) is already public information - it's just not as clearly noted in the financial statements. Thus, folks on Wall Street (and any savvy investor) should already know the impact of stock options on companies. Really, all this does, is shift some numbers around in the books - but doesn't impact real cash at all. For the people who the shifted numbers will really impact, the alternative calculations have already been done. The one shift may be that, due to the importance of "profitability," some companies may cut back on options because it appears to hurt their bottom line (despite having no impact whatsoever on cash flow). All in all, the big debate over stock options seems like a lot of talk over a very small issue. That said, I support the idea that we keep things as is - as the plan to expense them seems unlikely to correct any of the real problems with the system and seems more likely to create an additional accounting headache.

Big business takes aim at stock option
plan

Big business takes aim at stock option
plan 07/14/2004 03:20 PM
A proposal to treat stock options as expenses in earnings statements comes under fire from America's largest businesses groups.

Intel shareholders OK stock option plan

Intel shareholders OK stock option plan 05/19/2004 10:27 PM
AP via New Jersey Online May 20 2004 2:51AM GMT

Microsoft quarter down 17pc on stock
option charge

Microsoft quarter down 17pc on stock
option charge 01/24/2004 06:47 AM
eircom net Jan 24 2004 9:49AM GMT

Intel Shareholders Approve Stock Option
Plan

Intel Shareholders Approve Stock Option
Plan 05/20/2004 07:06 PM
Red Nova May 20 2004 11:07PM GMT

Yahoo CEO reaps another huge stock
option windfall

Yahoo CEO reaps another huge stock
option windfall 07/29/2004 06:40 PM
Miami Herald Jul 29 2004 11:15PM GMT

Tech Lobbyists Applaud Stock Option Vote

Tech Lobbyists Applaud Stock Option Vote 07/21/2004 11:23 PM
Technology lobbyists were cheering a House vote that would block a looming requirement to change the way corporate America accounts for the stock options that many in Silicon Valley credit with being an engine of the high-tech economy.

Versatile Mobile Systems Announces Stock
Option Grants

Versatile Mobile Systems Announces Stock
Option Grants 04/06/2005 12:10 AM
BC Technology Apr 6 2005 3:42AM GMT

Satyam Computer board allots shares
under stock option plans

Satyam Computer board allots shares
under stock option plans 03/29/2005 09:02 AM
MyIris Mar 29 2005 1:31PM GMT

Imagis Receives Approval for Amended
Share Option Plan and Issues Further
Stock Options and Shares-f

Imagis Receives Approval for Amended
Share Option Plan and Issues Further
Stock Options and Shares-f 12/08/2003 01:05 PM
BC Technology Dec 8 2003 12:41PM ET

VCs Whining About Too Much Money...
Again

VCs Whining About Too Much Money...
Again 07/19/2004 04:43 AM
Back in January we noted that the top tier VCs were out there complai ning that their lower tiered competitors were raising too much money and harming the overall VC space. It seems those complaints are only getting louder. For the past year or so, many VCs I've spoken to have been pointing out the same thing. Despite the dot com bubble popping, institutional investors are still shoving each other aside to give VCs money. They have a certain amount of money they want to put into risky investments, and they have no other place to put it than VCs. So, every VC firm heading out to raise money is finding themselves deluged by plenty of investors who want to put in way more money than the fund can handle. Thus, these top tier VCs start whining that the lower tiered VCs will end up with that cash, flooding the market. Then, they're afraid that they'll no longer have easy pickings on ripping off the top startups while earning their cushy management and carry fees. What's most amusing, of course, is that for many, many years, these same top VCs tell story after story about how startups should sign on with only top tier VCs because of all the help they give them to make them a success. If that's the case, why should they care if the lower tier VCs have cash? If what they've been saying is true, it shouldn't matter, because the lower tier VCs won't be able to help turn startups into a success like the top tier guys. Having too much money is only a problem for a VC firm in a situation where the VC firm itself has little impact on the success of a firm. Basically, all this is doing is making the VC world a little more competitive, and that should force them to do a better job (though, not to stop whining). As we've pointed out in the past, while bubbles may be bad for investors, they can often be good for consumers, so don't buy the VC hype.

Let the whining begin!

Let the whining begin! 05/14/2004 12:13 PM
Though I suppose it's well past that time. SixApart announced the new licensing scheme for Movable Type 3.0. I'd figured something was coming down the pike reasonably soon--given their setup there wasn't any way they could sustain their development and actually have people eat. And, while the new prices seem more than a touch high, well... hell, it's their code, they can do what they want with it. The part I haven't been looking forward to isn't the cost, but rather the inevitable whining. Boy, has there been whining. Most of it has been "Oh, this software which I have...

infantile whining

infantile whining 07/24/2004 01:14 PM

washingtonpost.com/wp-dyn/articles/A10456-2004Jul23.html
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why your whining is unbecoming

why your whining is unbecoming 01/28/2004 08:44 AM
ikea and starbucks and justin timberlake are things that only the spoiled have time to complain about

Gmail: Stop the Whining!

Gmail: Stop the Whining! 04/20/2004 12:29 AM
Opinion An unfounded sense of entitlement brings out the whiners and government hacks.

Put the kibosh on back-seat whining

Put the kibosh on back-seat whining 06/17/2004 06:34 AM
Los Angeles Times Jun 17 2004 10:59AM GMT

JoeUser: Whining from the Free Beer
Crowd

JoeUser: Whining from the Free Beer
Crowd 12/20/2002 10:51 AM
JoeUser: Whining from the Free Beer Crowd JoeUser has some good comments on those "open source advocates" that always want "something for nothing" i.e. that free software is somehow morally superior to commercial software. I don't think I've ever taken that position. I don't see anything morally superior about Open Source -- to me Open Source is very much about a more open engineering process that leads to better software. Like Open Source or not -- the types of software it produces, while not perfect, tend to be of greater quality -- results may vary, and as with commercial software, Open Source can produce crappy stuff. But when it works the results are outstanding (Apache, Mozilla, SendMail, Linux, BSD, PHP). [_Go_]

"he's whining that Disney has shut him
down for political reasons"

"he's whining that Disney has shut him
down for political reasons" 05/05/2004 10:47 PM

From Therapy's Lenny Bruce: Get Over It!
Stop Whining!

From Therapy's Lenny Bruce: Get Over It!
Stop Whining! 05/03/2004 07:26 PM
Dr. Albert Ellis demonstrates his no-nonsense, confrontational, obscenity-laden technique. Call it stand-up psychotherapy.

BostonHerald.com - Opinion: Still
whining Kerry running out of time

BostonHerald.com - Opinion: Still
whining Kerry running out of time 09/04/2004 09:16 PM
BostonHerald.com - Opinion: Still whining Kerry running out of time

news.bostonherald.com/opinion/view.bg?articleid=42744
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Silicon Valley: Stop whining and give
constructive ideas

Silicon Valley: Stop whining and give
constructive ideas 04/09/2004 03:59 PM
SiliconValley.com Apr 1 2004 11:36AM GMT

Will Expensing Cost The U.S. Jobs?

Will Expensing Cost The U.S. Jobs? 12/17/2003 07:16 PM
Business Week Dec 17 2003 6:00PM ET

House says no to expensing options

House says no to expensing options 07/20/2004 04:23 PM
House of Representatives approves controversial bill that largely maintains current accounting rules regarding employee options.

IBM starts expensing options

IBM starts expensing options 04/06/2005 01:50 PM
ZDNet Apr 6 2005 4:52PM GMT
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More Whining About Stock Option Expensing

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