Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.99

+1.4%

10:02 AM EST

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To: Art Bechhoefer who wrote (121744)	7/18/2002 1:42:21 PM
From: A.L. Reagan	Read Replies (1) of 152472

Some people ought to take at least one course in intermediate accounting, including the section "how to read financial statements," prior to issuing off-the-cuff pontifications. *** The proposed law does not mandate expensing of stock options - it merely conforms tax and book reporting. For my two cents as a taxpayer, I don't see why a firm should get a tax deduction for what they don't consider an expense. There is no "law" which mandates any particular treatment of stock options - other than as generally applies to financial statements of SEC registrants conforming with GAAP.

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