Archive for January 23rd, 2007
SEC interviews Steve Jobs
23 January 2007In a post here last week the question was posed: How can Apple shield CEO Steve Jobs from the options backdating imbroglio? According to Bloomberg today, they haven’t been able to. With the SEC now putting questions to Jobs for the first time, one can only assume they are either:
a) Interviewing him for [...]
Options expensing and consensus eps
23 January 2007Here is a great posting from Wall Street on the curve balls thrown at equity research analysts due to the differing treatment of options expenses (an excerpt):
“Sell-Side Analysts and Option Expenses: Is There Anybody Out There?
I’ve commented quite a bit lately on the topic of sell-side research, its plight and its problems. Unfortunately, many of [...]