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Re: jbog post# 2309

Sunday, 04/03/2011 6:22:46 PM

Sunday, April 03, 2011 6:22:46 PM

Post# of 20689

Stock options cloud the picture because they don't show up properly on the income statement and the stockholders in general don't realize the dilution they cause.

Just to be clear: The Copaxone incentives we were discussing in this thread consist of shares, not options. The fair-market value of the shares is a GAAP expense item on the income statement.

“The efficient-market hypothesis may be
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