Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

Nov 21 3:59 PM EST

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To: rkral who wrote (118973)	5/19/2002 7:16:50 PM
From: Wyätt Gwyön	Read Replies (1) of 152472

Unfortunately, the FASB gave a company the option (pun intended) of applying their guideline or not. actually, i believe all cos are required to provide the Black-Scholes adjusted earnings in the notes to their proxies. but of course these are conveniently buried and people choose not to focus on them. but now S&P is bring option costs into the harsh light of day! hopefully, the latest core earnings recommendations from S&P, with their inclusion of option expenses, will force all the pyramid builders to admit how much they fleece investors in the headlines of their earnings reports. i want to see them read those numbers on CNBS. once people understand how badly they are being fleeced, there is only one direction for a lot of stocks imo. what's really ironic is that all the options crap really affects shareholders who don't know what's up, and yet shareholders are defending the practice. kind of reminds me of Stockholm Syndrome. ``They weren't bad people. They let me eat, they let me sleep, they gave me my life'' syntac.net

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