RE: $200 million (was [ga] Draft Resolution)

["Michael Froomkin - U.Miami School of Law" <froomkin@law.miami.edu>]

On Wed, 21 Mar 2001, Gomes, Chuck wrote:

> Let me first of all reiterate what I just said in a response to Michael
> Froomkin: :  "Under the existing agreement, there is a commitment for $0.
> Under the new agreements, there is a commitment for $200M."


Let me reiterate what I said before:
1) if stock options and rent count here, what does this mean?

2) VeriSign is smart.  It will spend what it takes anyway.

So here's something new:

	Let's have a baseline.  Using the accounting method you plan to use
to count the $200 million, how much was spent on "r&d and infrastructure"
in each of the last three years during which the commitment was, as you
say, zero?

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