SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (64098)5/21/2003 9:18:25 PM
From: GVTucker  Read Replies (2) | Respond to of 77400
 
It has no implication on current employee stock options. The only reason Cisco is expensing in this case is because FIN 42 requires them to do so. It has more to do with acquisition accounting than it does with stock options expensing. If they didn't expense in this specific case, their financial statements wouldn't be proper according to GAAP.



To: RetiredNow who wrote (64098)5/21/2003 11:11:46 PM
From: Stock Farmer  Respond to of 77400
 
mindmeld, voila the quirks of accounting.

In one case stock options are an expense under one set of rules, and in another they aren't.

I wonder why Chambers' isn't jumping up and down refusing to sign off on the "misleading" accounting of costs of buying up a slice of the company that never left the building in the first place.

Hmmm...

John