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Damaging 'Deference'







Damaging 'Deference'

Damaging 'Deference' 06/24/2005 06:16 PM

George F. Will

washingtonpost.com/wp-dyn/content/article/2005/06/23/AR20050623 01420.html
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Damaging 'Deference'

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siemens_m65.jpg imageHere's one phone we didn't get in the states you can be happy about. Apparently the Siemens M65 is being recalled in Europe due to the fact it plays a potentially ear-damaging tone as it shuts off due to a low battery, even if you're in the middle of a call.

At least that's what I'm told this article says. I can't read German and Babelfish doesn't believe me when I tell it that commas can exist in URLs. (Thanks, Thorsten!)

Read< /b> - Siemens blamiert sich mit Pannenmodell [SpiegelDE]


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'Friendly' Killer Whale Damaging Boats 08/29/2004 01:41 AM
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emphasizing how damaging open source
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From Asia Computing Weekly / Full story/ Links .. Quote:

asiacomputerweekly.com/acw_ViewArt.cfm?Magid=1&Artid=24328&Ca tid=2&subcat=19
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Man arrested for allegedly damaging
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Taipei Times Online May 28 2004 6:35AM GMT

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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.

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