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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 72.10

+1.4%

3:59 PM EST

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To: hueyone who wrote (63740)	4/27/2003 7:45:20 PM
From: Lizzie Tudor	Read Replies (2) of 77397

the Financial Accounting Standards Board, has determined that stock option compensation is an unreported expense that belongs on the income statement. sounds pretty black and white... except... "If stock-option expensing becomes reality, it leaves CEOs with two options: Comply with Sarbanes-Oxley and certify as accurate numbers that are inherently flawed," Barrett wrote. "Or, support the spirit of the new law and refuse to sign off on the numbers because we don't believe they present an accurate financial picture." biz.yahoo.com

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