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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 79.72+0.3%11:26 AM EST

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To: hueyone who wrote (61142)8/29/2002 11:18:38 AM
From: willcousa  Read Replies (2) of 77400
 
I don't see the need to expense stock options if the source of the stock is the printing press. And today it may be an even cheaper source - book entry. If the stock is procured in the open market - then expensing would seem to make slightlyt more sense. But in either case you are talking about balance sheet activity, not income statement activity.

The expensing movement would appear to be borne out of a desire to punish business rather than to foster good accounting.
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