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


To: rkral who wrote (67267)3/9/2005 9:51:00 AM
From: GVTucker  Read Replies (1) | Respond to of 77400
 
No, they did expense their options, all of them. Granted, they didn't expense them as would have been required by the current projected standard, but they did expense options. They just amortized all of them over a 5 year period.

Stock options expense would be a bit more than double if it was done the "proper" way, but GOOG's EBITDA was almost $400mm in 2003 so they still would have been profitable.