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To: The Duke of URLĀ© who wrote (179006)8/11/2004 2:23:40 AM
From: hueyone  Respond to of 186894
 
Burying the fair value of option expenses once a year in a the footnotes of a 10K that usually comes out three or four months after the end of the fiscal year is inadequate disclosure. Putting them there was the compromise settled on by anti expense lobby last time they marched on Washington D.C. on this issue in 1994. The anti expensing proponents gave a little, meaning they agreed to report the expense in the footnotes of the 10k. This was far better in their minds than expensing stock options on the income statement as the FASB recommended in 1994, because the CFOs knew most people either wouldn't realize they were there, or would not bother combing through the footnotes to find them. By the time the 10k comes out, it is all old news anyways. The FASB only backed down from their recommendation to expense stock options directly on the income statements, because Congress, under heavy pressure from well funded lobbyists threatened to yank their charter if they didn't go along. The anti expense crowd gave a little in agreeing to put the expense in the 10k footnotes once a year, but were still largely successful in their intent to obfuscate the truth imo.

Huey



To: The Duke of URLĀ© who wrote (179006)8/12/2004 4:20:28 AM
From: Amy J  Respond to of 186894
 
Hi Duke, "Cognitive radios are part of an Intel mobile vision for 2010 that includes notebooks and advanced phones that connect to the best possible network depending on the environment, he says.
...
Demand is already forming for radios that can communicate with a variety of networks, such as a new Motorola mobile phone that lets users switch from a wireless LAN in the office to a cell network outside, Strauss says. He says he expects this market to grow.

"If Intel has a more cost-effective solution, then they'll get some attention," Strauss says.

story.news.yahoo.com

Regards,
Amy J