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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.41

+1.9%

12:27 PM EST

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To: Tom D who wrote (61177)	8/29/2002 10:51:07 PM
From: Lizzie Tudor	Read Replies (2) of 77400

P.S. You may think that Huey is barking incessantly on a tired issue, but I think his arguments are cogent and well-documented. You can skip his posts if you like. I don't think the disrespect you showed his argument is warranted. Whatever Tom. He's on every thread I follow. Every one. About once a week. There is a thread set up for discussion of this issue.... his, I believe...LOL. And obviously I don't agree with your assertion... Everybody really knows that options should be expensed, but so many influential people would be impacted in negative ways by another major decline in the stock market that they are all trying to rationalize an indefensible argument. I believe options are accounted for currently in a clean, undisputable manner, and that is the fully diluted EPS. I don't like forecasting in a financial statement. It doesn't belong there if you ask me, for the same reason CEOs are hesitant to make forecasts of future results. I know the technology bears were salivating thinking this options issue would be a slam dunk for easy profits on their puts, and it is about as transparent as the executives at CA saying the BOD is looking out for their shareholders. At any rate Chambers has stated his position along with Barrett and Gates and most other high tech CEOs. So there you have it. Lizzie

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