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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.11

+0.9%

Nov 21 9:30 AM EST

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To: Lizzie Tudor who wrote (67259)	3/9/2005 2:47:32 AM
From: Elroy	Read Replies (1) of 77400

But the fact is, that if google had to expense options out of the gate they would have been unprofitable. Would it have hurt them? yes. How about if Google had to..... Buy "compensation options" over the counter from a brokerage... Give those "compensation options" to Google employees, and... Expense the amount Google paid to the brokerage for the "compensation options" in the quarter they were purchased? Would GOOG have been unprofitable in that accounting scenario? If so, then they should be viewed as such.

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