Interesting graphic on submerged options. Seems that even after significant re-pricings, nearly two-thirds of all Microsoft's stock options are worthless at current prices. Interesting that Sun, the supposed black sheep of the tech sector, has less than half its options under water.
I guess I now have a better idea of why Bush2000 is trying so desperately to tout Microsoft on these boards!
"Interesting graphic on submerged options. Seems that even after significant re-pricings, nearly two-thirds of all Microsoft's stock options are worthless at current prices."
That's right, and options that are worthless cost the company in question ZERO in "expenses".
Yet if we forced companies to "expense options" when they were issued, then Microsoft would have been given a tax credit for all of those zero-expense options.
Who gains from that, and why the big push now for it?