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

To: RetiredNow who wrote (64021)5/14/2003 6:01:52 PM
From: BWAC  Read Replies (2) | Respond to of 77400
 
<if they are aiming for a 10 out of 10 for accounting
conservatism, then why the resistance to stock options
expensing?>

Unestimatable. Uncertain. No reasonable assurance that an expense does in fact exist in future.

You know kinda like an earthquake might oneday flatten their HQ, but they don't depreciate the odds of that expense either. Or kinda like the outcome of a frivilous Trillion dollar lawsuit, footnoted but no liability set up.


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