Isn't the real reason this is wrong is that this doesn't count as a liability for the company? In other words, the company doesn't report this until the time of stock option exercise, not at the time of stock option grant. I think that the company ought to tell shareholders and potential shareholders the amount of outstanding options, if exercised.
If CSCO were holding that amount on their books, they would have lost money, a lot of money, last year.
Beware Microsoft's Prometheus strategy. The investments chain rivals to a big rock. If the rival gets out of line, gnaw on its liver until it moans in pain.
This is a blatant anti-trust manuever. Microsoft cannot allow rivals to fail, or it will appear that it is a monopolist.
Don't fall for it!
Isn't the real reason this is wrong is that this doesn't count as a liability for the company? In other words, the company doesn't report this until the time of stock option exercise, not at the time of stock option grant. I think that the company ought to tell shareholders and potential shareholders the amount of outstanding options, if exercised. If CSCO were holding that amount on their books, they would have lost money, a lot of money, last year.
Beware Microsoft's Prometheus strategy. The investments chain rivals to a big rock. If the rival gets out of line, gnaw on its liver until it moans in pain. This is a blatant anti-trust manuever. Microsoft cannot allow rivals to fail, or it will appear that it is a monopolist. Don't fall for it!