"Tighter Rules for Options Fall Victim to Lobbying", By LESLIE WAYNE
http://www.nytimes.com/2002/07/20/business/20LOBB.html
it's 'unbelievable'.
quoting from the article:
"If forced to deduct stock options as a corporate expense, these companies -
and others - argue that their profits would automatically fall in an already
weak economic environment."
the Maths are the Maths.
everything that Matters remains the Same-Stuff.
how can Investors make their Decisions, in-Truth, if Truth is
run-through-a-mill of 'funny-numbers' stuff? if Truth is 'hidden'?
Investors cannot.
and folks 'wonder' why the 'stock market' 'frightens' them?
Honor Truth, and Truth Honors one right-back.
Dishonor Truth, and Truth Dishonors one right-back.
'funny' nubmers do the first-part of the latter.
Truth does the rest.
quoting from the article:
"'We saw the writing on the wall and figured we had to get organized.'"
they are not ignorant with respect to what they're doing.
what's the 'problem'?
they want to 'tap-into' 'entrepenurial hope'. align the 'risk' of a
company's personnel with that of the 'venture capitalists'. share the risk.
so that company personnel will have incentive to work 20-hour days. to build
a money-making company.
but that's =not= the way Money-Making companies are built.
Profitable companies work like one of those curlicue-nail puzzles. if
there's Profit in-there, and if there're personnel who know how to fit the
pieces together, it just happens - 'swish'. if it's got to be 'forced', the
enterprise is not going to be 'profitable', anyway.
the whole 'stock options' thing misses all of this. misses the fact that
garbage-in yields garbage-out.
the 'premise' inherent in resort to 'funny'-numbers-accounting is that, 'it
doesn't matter if an idea isn't self-starting'. throw 'money' at it, and
it'll be 'profitable'.
unfortunately, in the midst of an investor community that's been
robbed-blind, and, so, is 'hungry' to recoup its losses, such
'throw-money-at-it' efforts do tend to attract investors' cash.
the problem is that all such 'investment-opportunities' are is the 'hype'.
they are nothing more than the 'gloss' that's put on them through all the
money that's been thrown at them.
it's 'hilarious'. one can measure the potential of a venture in inverse
proportion to the degree of 'hype' in which it's immersed.
get it?
good ideas 'just' work, without any 'funny'-numbers 'scheming'.
if there're 'funny'-numbers in-there, it's a dead give-away that the worth
inherent in the enterprise is, itself, commensurately-contrived - its
'value' commensurately-coerced - commensurately divergent from Truth.
what's wrong with working Hard [20-hour days] be-cause you Believe in the
idea upon which your corporation is founded?
if the idea is good, then it's flat-out obvious that the company founded
upon it will be Profitable.
there's no need for hocus-pocus accounting.
personnel can See the return on their work, right-there in the Quality of
the founding idea.
both the idea and the company will 'Fly', so there's no need to resort to
wishful-thinking-numbers, is there?
nope.
as a matter of fact, when the idea's good, the company will be good, and
declaring stock options as Profit will =only= enhance the whole enterprise,
because it'll, flat-out, allow it to be seen for what it =is= by investors.
the only reason 'magic'-numbers are ever necessary is if there's nothing
in-there in the first place.
and a 'company' that resorts to using 'funny'-numbers will, most likely,
turn out to be something analogous to a shell game that presents 'hype' and
'gloss' to prospective investors, reels them in, and takes the money and
runs before the investors can get their bearings with respect to the company
into which they've bought.
that's what This Nation has just been dragged-through, isn't it?
Yup.
and, in my oppinion, that's exactly what this 'army' of 'lobbyists' is
doing, because, as they admit in the quote from the article, above, they
Know what they're doing.
and they're counting [in their 'funny'-numbers way] on investors not knowing
what they [the 'lobbyists'] are doing.
another cycle of selling nothing-but-air is in the making.
there's so much that's being left undone in This Nation, while folks
"believe-in'magic'".
why not invest in what so obviously needs to be done?
Education, for instance. why not bring the entrepenurial spirit to the needs
of the Children. this could be funded via a well-thought-out bonding
initiative. this'll spawn Profits all across the land. and, low and behold,
our Children, well-educated, will carry This Nation way-forward in the
future, relative to where This Nation will be without such.
Infrastructure reconstruction [before any more bridges fall down], via a
well-thought-out bonding initiative. this'll spawn Profits all across the
land, and enhance National Security and quality of life, in the process.
there's =plenty= of stuff that needs to be accomplished. just look around,
see what's 'languishing' and/or 'crumbling', and 'lobby' to Fix what's
broken.
all of this stuff needing to be done simultaneously spawns both bond and
stock opportunities.
i mean, why not incorporate to work to do stuff that actually makes This
Nation a better place in which to Live?
why not =Think= about doing it Honestly?
but please do not conspire, via your advocacy of 'funny'-numbers, to sell
This Nation more 'hot-air' stuff.
there're 'enemies' enough.
folks don't have to join them in their attempts to suck the Life out of Our
Country.
k. p. collins
