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

To: larry who wrote (59936)	6/24/2002 9:02:08 PM
From: mary_a	Respond to of 77400

larry, i agree on the technical bounce. guess everyone noticed the covering friday by the 'smart money'. just like the ndx the other day everyone was looking for what happened today and the market reflects the people waiting to pounce on the retest... well the ndx did the same before breaking to new lows...it will be interested to see. mary

To: larry who wrote (59936)	6/24/2002 10:25:21 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

I can answer one of your questions. Stock options expense at Cisco would be nil. The options that Cisco has been handing out as well as those of all the other tech companies in the last couple of years are worthless. Therefore, there wouldn't be any stock options expense to account for on the books. If the law changes, they would require that stock options expense be accounted for within the income statement to the extent that the expense is deducted from taxable earnings. That expense for Cisco has been insignificant in the last few quarters and will continue to be so, since the stock is going nowhere. So it appears to me that stock options expense being accounted for within the income statement is the least of Cisco's worries.