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

To: Mo Chips who wrote (67320)	3/10/2005 5:08:51 PM
From: RetiredNow	Read Replies (2) \| Respond to of 77400

Yes, 6/15 is the date. However, one thing I've learned by watching Cisco's Chambers is that you should never say never. That guy is a miracle worker. Someone else posted that he, Doerr, and Technet lobby were in Washington trying to get a last ditch law passed to block expensing. I'd hate to see that happen, but I wouldn't say it's not possible. Chambers is a very persuasive guy, as is evidenced by the tremendous sales success at Cisco over the years. It's funny, but this is the one time I've been rooting against Chambers. As a shareholder, I want to see options dilution stop, so the stock price will go up, and I think that will only happen if they are forced to expense. Anyway, it's not over until the fat lady sings. Let's revisit this on 6/15. Then I'll believe it's a done deal.

To: Mo Chips who wrote (67320)	3/12/2005 7:02:37 PM
From: Lazarus_Long	Respond to of 77400

The Good, the Bad, and the Ugly sfgate.com accounting.smartpros.com fasb.org Effective for the first interim or annual reporting period that begins after June 15, 2005, the Financial Accounting Standards Board (FASB) will require that public companies that do not file as small business issuers recognize financial expense for the fair value of stock options that are granted or vest after that date. Public companies that file as small business issuers become subject to the same requirement for the first interim or annual reporting period that begins after December 15, 2005. Private companies become subject to the same requirement for fiscal years beginning on or after December 15, 2005. FASB set forth these rules in Statement No. 123(R) which became final December 16, 2004. xpay.net