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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.10+1.4%Nov 10 3:59 PM EST

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To: hueyone who wrote (63736)4/26/2003 1:17:24 PM
From: Lizzie Tudor  Read Replies (2) of 77397
 
You present your opinions as if there is some sort of factual basis behind them, when in fact it is merely your point of view.

In some respects, accounting for stock options is an issue of national importance. Inflating reported earnings results, has resulted in flow of capital to undeserving companies, and distorted the efficient flow of capital in our free market economy.

Totally false imo. "Inflated reporting earnings results" is only your opinion, and capital flowing to underserving companies is also unwarranted. The only "underserving companies" who sucked up capital that I think we can all agree on were worldcom, global crossing and Enron. Would options expensing have changed the outcome there? NO. The issue here is corporate governance.
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