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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.07-1.4%3:59 PM EST

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To: aladin who wrote (60747)8/7/2002 9:12:50 AM
From: Ted The Technician  Read Replies (1) of 77397
 
>>Options are not an expense in any traditional sense because they will never require a company to sacrifice its existing resources. An options ?expense? neither uses cash nor consumes stockholders? equity.

The same argument could be applied to the treatment of goodwill, intangibles, and foreign currency adjustments; yet, these items are today accounted for in the income statement - why shouldn't option expenses?
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