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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Dealer who wrote (9227)10/22/2000 7:08:03 PM
From: altair19  Read Replies (1) of 65232
 
Dealie, I was reading the same article at my daughter's soccer game. FASB allows some interesting treatment of option income by employees that can mask the true operational results of a company. It's usually the huge companies with a lot of stock appreciation and employees playing the stock that can take advantage of the process. One classic is Boeing..whose pension fund is larger than it's revenue...watch the book of business for big planes, but also keep your eye on the performance of the pension plan.

I'm still hanging on to Cisco long. They take advantage of the FASB regs like everyone else.

Hope things are going well for you.

Altair19
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