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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Paul V. who wrote (57928)	2/24/2002 8:38:13 AM
From: hueyone	Read Replies (4) \| Respond to of 77400

john McCain has a new rally cry. McCain wants to be re-elected. In my opinion, there is a need for accounting reform with respect to treatment of options regardless of whether or not it helps McCain get re-elected. Here is 28 page study from the Levy institute that makes a strong case that corporate America has been significantly overstating profits for two decades: levyforecast.org A well supported conclusion on page 16 sounds eerily like John Shannon: In effect, the proliferation of options at a time of stock market boom brought about a massive shift in wealth from shareholders to corporate managers. Best, Huey