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

To: Wyätt Gwyön who wrote (62403)	11/11/2002 5:30:35 PM
From: GVTucker	Respond to of 77400

if tech cos really agreed with you that their stocks would go up and there was no downside to expensing options, then CSCO would be first in line to tout expensing options! I think that tech companies understand tech better than they understand the capital markets. options are a real expense, as more and more investors are realizing. add those expenses to the pension problem and the SPX could easily be cut in half. 300 is not at all out of the question if you still believe stocks get cheap in bear markets. Of course options are a real expense. And that expense is there no matter what the accountants decide to do with a piece of paper.