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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (173062)2/14/2003 10:32:14 AM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
OK, Amy, fine. You don't want options expensed on the income statement, then give up the tax break you get from expensing them on your taxes.

You want to keep expensing them on your taxes, expense them on your income statement.

You shouldn't have it both ways.

I bet that offered those two options, most company's would choose to expense options on the income statement. Any company that would rather give up the tax break should have its executives fired.

And it has absolutely nothing to do with competitiveness.



To: Amy J who wrote (173062)2/14/2003 8:14:31 PM
From: tcmay  Read Replies (1) | Respond to of 186894
 
The whole accounting industry is now being shaken down by Uncle Sam (for the tax shelter advice it gave, for the Enron debacle, etc.). Ernst and Young is just "seeing the light," the same way the guy who got the horse's head in his bed saw the light about giving the Italian a singing job.

As the tide turns, Intel will have no choice but to go with the flow. This is the way shakedowns work.

--Tim May


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