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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Farmer who wrote (114265)	2/25/2002 11:51:44 AM
From: engineer	Read Replies (2) \| Respond to of 152472

In case you have not been paying attention, Q changed to GAAP rules AHEAD of schedule to account for the stock options almost a year ahead of when they HAD to. Also, up to that point, GAAP did not recommend that they be accounted in any other way than as stock options and a float in the shares. If you don't trust GAAP, then you have no business being in teh US doing any kind of trading or business. So again, what's your point in reguards to Qualcomm?

To: Stock Farmer who wrote (114265)	2/25/2002 11:52:38 AM
From: Wyätt Gwyön	Respond to of 152472

Just account for them properly!! Don't blow a million bucks of real* compensation under the rug!* John, one of the things i am constantly amazed at is to see shareholders defending company accounting. if the accounting overstates the true economic value of a company, i would think shareholders would suffer for it in the long run. but often one sees shareholders defending these practices. it reminds me of a basketball fan defending the high salary of the star on his home team....without thinking about the fact that he has to watch all the games on TV because the game tickets are too expensive.