__/ [ Paul Hovnanian P.E. ] on Wednesday 13 December 2006 05:23 \__
> Roy Schestowitz wrote:
>>
>> Red Hat on the NYSE: A big move for open source
>>
>> ,----[ Quote ]
>> | It means that open source has truly arrived. Extinction for the old
>> | school vendors can't be too far behind....
>> `----
>>
>>
http://weblog.infoworld.com/openresource/archives/2006/12/red_hat_on_the.html
>
> What's interesting is that Microsoft hasn't made the jump yet. The
> NASDAQ has somewhat more lax rules for corporate governance of listed
> companies than the NYSE. I think that says a lot about the corporate
> culture of a company that could in all other respects easily qualify for
> listing on the bigger exchange.
Yes, I too wondered why that is.
What might be worth mentioning is that at the same time that I read your post
I also read between the lines as I go through this article:
Evidence suggests new angle to stock option scandal
"There has already been some publicity, however, about exercise date
manipulation. The SEC has accused executives at Symbol Technologies Inc. of
backdating exercises for tax purposes."
http://today.reuters.com/news/articlebusiness.aspx?type=ousiv&storyID=2006-12-12T181028Z_01_N12339515_RTRUKOC_0_US-STOCKOPTIONS-SEC.xml&pageNumber=1&imageid=&cap=&sz=13&WTModLoc=BizArt-C1-ArticlePage1
http://tinyurl.com/yjszxm
I can't see a clear connection with Microsoft, yet PJ thought it was
postworthy. Maybe just because it's law-related and broad, who knows...
Also see the following:
Microsoft's past stock options practice poses questions
,----[ Quote ]
| Microsoft in 1999 announced that it would end a policy of awarding
| options at monthly lows and said it would take a $217 million charge,
| though many details of that discontinued practice haven't been widely
| known, The Wall Street Journal said Friday.
|
| Those details raise questions about how Microsoft began the practice,
| what prompted the company to end it and whether the way the options
| were dated--at 30-day lows the month after they were
| granted--influenced other companies, it said.
`----
http://news.zdnet.com/2100-3513_22-6084617.html
--
~~ Kind greetings and happy holidays!
Roy S. Schestowitz | "Black holes are where God is divided by zero"
http://Schestowitz.com | GNU is Not UNIX | PGP-Key: 0x74572E8E
roy pts/4 Tue Dec 12 13:37 - 13:44 (00:07)
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