SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 36.82+1.5%Dec 19 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hueyone who wrote (174494)5/11/2003 1:18:24 PM
From: Lizzie Tudor  Read Replies (2) of 186894
 
That Barrett and Bryant are currently willing to sign off on financial statements that are full of estimates and approximations as well as sign off on financial statements that claim a zero dollar value for stock option compensation, but now are saying they can't sign off on financial statements that estimate a value for stock option compensation because the estimates may not be precisely accurate, is unbelievably self serving and hypocritical imo.

Well I'm sure there is an element of magnitude in this, after all some of the expensing proposals on the table indicate that companies like Cisco have never made a profit EVER, in their lifetime. It just flies in the face of reason that a company like Cisco with 4.5 billion in revs and 70% GMs have never made a profit EVER. That is the issue I suspect. Other estimates don't turn great companies from cash machines into total losers from an accounting perspective.

This argument that expensing proponents put forth that literally every tech company who is successful, msft included are really drains on the US economy due to their money losing ways is really , really a hard sell. I'm sure the congresspeople from the misc. regions where these big companies are located are falling in line with Barrett and company- this would be Seattle, San Diego, Mass, Austin.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News