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

To: RetiredNow who wrote (66809)	1/5/2005 10:44:08 AM
From: GVTucker	Read Replies (1) \| Respond to of 77399

mindmeld, RE: So the only way for Cisco to avoid expensing would be to move all operations overseas, which they'd never do. No, that wouldn't do it. The key would be for Cisco to avoid having to report their financials according to GAAP. Moving all operations overseas wouldn't change anything on that parameter. The only thing that would matter would be Cisco's listing requirements. If they ceased to list their stock on any US exchange or any other exchange that required GAAP reporting, they could get away from having to expense options. Of course, that would be silly. Possible, but silly.