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Technology Stocks : Echelon Corporation (ELON)
ELON 21.88+10.1%Oct 6 5:00 PM EST

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To: Ted The Technician who wrote (2977)6/7/2002 11:27:47 PM
From: Ted The Technician  Read Replies (1) of 3076
 
High option expenses at ELON!

According to its 2001 10k filing, ELON would have incurred
a $23.6M loss rather than a $6M gain in earnings
had it expensed its options costs. In other words,
rather than earning $0.15 per share in 2001, ELON would
have lost $0.61 per share.

Arthur Andersen was its auditor.

Watch out as companies will be required to expense its
options! CSCO included.
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