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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.08+0.1%Nov 7 9:30 AM EST
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To: Uncle Frank who wrote (60781)8/7/2002 7:12:10 AM
From: John F. Dowd  Read Replies (1) of 77397
 
Frank: He was very good but Insane-a couldn't understand the technicalities involved and how difficult it is to determine what to expense. They paid no attention to his comments about options under water and how would that expense be reclaimed. CNBC are talking heads with no sense of accounting whatsoever. No one ever mentions what to do with the $ the option holder pays in when exercising. No one ever discusses whether the dilution is a factor of market or book. No one ever addresses the real effects should be measured at the cash flow level. They are all not to bright and definitely not versed in accounting.JFD
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