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Strategies & Market Trends : Guidance and Visibility

AAPL 275.30

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3:59 PM EST

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To: DebtBomb who wrote (64034)	7/31/2002 12:42:35 PM
From: Softechie	Read Replies (1) of 208838

CNBC is facking joke but entertaining...GE General Electric to expense stock options (31.25 -0.35) GE estimates that under current accounting rules, expensing options will reduce 2002 net income by less than $0.01 per share; the expense will increase to about $0.03 per share over the next 3-4 years. Also, among other compliance measures, Chairman and CEO Immelt and CFO Sherin signed and filed sworn statements with the U.S. SEC affirming the SEC filings made by the co in 2002.

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