Byline: Sara Hansard
Financial advisers who have many clients with stock options are concerned that the proposal issued last week by the Financial Accounting Standards Board may make it uneconomical for companies to continue issuing options to employees.
"How do you assess the future value when it's going to be based on appreciation of the stock, and that's obviously an unknown variable?'' asked Michael Boone, president of MWBoone and Associates in Bellevue, Wash., from which he can see the offices of Microsoft Corp. about six miles away in Redmond.
Many of his clients are Microsoft employees. Microsoft has switched from granting employees stock options to giving ...