Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 178.29

-1.6%

Dec 12 9:30 AM EST

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To: Dexter Lives On who wrote (130096)	7/10/2003 2:40:20 AM
From: Wyätt Gwyön	Read Replies (1) of 152472

MSFT apparently run by people with balls...just imagine when all the spineless companies have to do this... The final word on Microsoft Corp.'s announcement on stock-based employee compensation: Microsoft's bottom line will look considerably worse -- not just in the future, but also in the past. The Redmond, Wash., software maker will do more than just replace stock options with stock grants as its favored method of equity-based employee pay. Perhaps even more surprising is Microsoft's decision to voluntarily restate prior years' financial results to reflect its decision to begin treating stock-options compensation as an expense on its income statement. The decision makes Microsoft the first technology company to announce a financial restatement in connection with a change in stock-based compensation. As of mid-June, according to Bear Stearns Cos., only nine of the 288 U.S.-listed companies electing to expense stock-options compensation had decided to restate past results, including Wal-Mart Stores Inc. and SBC Communications Inc. online.wsj.com

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