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

To: hueyone who wrote (61001)	8/9/2002 6:51:19 PM
From: GraceZ	Read Replies (3) \| Respond to of 77397

Right. Every time I examine the mechanics for expensing at the time of the options grant I come to the conclusion that I'll be backing them back out when I look at the company's financials, the same way I back out every other BS non-cash "expense". The reason is that when I look at the P/L I want to know what the company's operations are doing. When I look at the balance sheet, I want to look at the company's capital accounts and equity.