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


To: Lizzie Tudor who wrote (62394)11/11/2002 3:14:09 PM
From: hueyone  Respond to of 77400
 
My numbers use the Black Scholes estimates of stock option value at date of grant and then amortize them over the vesting period of the options. I know you disagree with this method. Perhaps the impact on earnings looks extra bad for Cisco because GAAP earnings, .25 EPS, were low for fiscal 2002. I haven't looked at CISCO and MSFT closely enough to draw a very strong comparative conclusion.

Best, Huey