BUSINESSWEEK ONLINE : DECEMBER 6, 1999 ISSUE
COVER STORY

They Do Have a Price


Greatest 1998 earnings impact of employee stock options on S&P 500 
companies

                     REPORTED          PRO FORMA           % DIFFERENCE
                                       DILUTED EPS         DILUTED EPS

CENDANT               $0.18               $0.01               -92%
McKESSON HBOC*        0.31                0.06                -81%
NETWORK APPLIANCE*    0.46                0.16                -65%
AUTODESK*             1.85                1.03                -44%
PEOPLESOFT            0.55                0.31                -44%
LUCENT TECHNOLOGIES   0.73                0.58                -21%
HEALTHSOUTH           0.55                0.46                -16%
COMPUWARE*            0.87                0.74                -15%
STAPLES*              0.41                0.35                -15%
SCIENTIFIC-ATLANTA    1.02                0.91                -11%

DATA: BEAR, STEARNS & CO.

*Data for company fiscal year ending in '99.


_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _




RELATED ITEMS
The Wild New Workforce

COVER IMAGE: The Wild New Workforce

TABLE: Tactics for the Tight Labor Market

CHART: The Jobless Rate Has Fallen...But Raises Remain Modest...As Incentive Pay Rises

TABLE: Wage Growth Is Slowing for Most Industries

The Hidden Costs of Stock Options

TABLE: They Do Have a Price

CHART: Stock Certificates in Your Pay Envelope

The Labor Pool: Why Greenspan Is Worried

CHART: The Fed's Favorite Labor Market Statistic



INTERACT
E-Mail to Business Week Online

 
Copyright 1999, by The McGraw-Hill Companies Inc. All rights reserved.
Terms of Use   Privacy Policy