Robert Willens
![Robert Willens](/assets/img/authors/unknown.jpg)
Robert Willens
adjustment base decisions eliminate intangible people problem using value
I think people will more often than not base their decisions using a pro-forma figure, which excludes the value of the options. It is an expense, but I don't have a problem making an adjustment to eliminate it because it is a non-cash item, like other adjustments such as amortizing intangible items.
earnings giving guidance policy poor prove providing sign wisest
This may prove that their policy barring pre-announcement and giving earnings guidance may not be the wisest policy. It's not as if providing guidance is a sign of poor governance.
irs potential ruling
I'm hard-pressed to think of an IRS ruling that has this much potential,
earnings giving guidance policy poor prove providing sign wisest
This may prove that their policy barring preannouncement and giving earnings guidance may not be the wisest policy. It's not as if providing guidance is a sign of poor governance.
businesses quite
That is a big blow, it was one of their flagship businesses that was quite profitable.