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.  -   Robert Willens     Quotes
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. Robert Willens