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Broadcom Corp. Message Board

  • singhlion2001 singhlion2001 Feb 25, 2003 4:50 PM Flag

    Option expensing would cut Cisco profit

    Reuters
    Option expensing would cut Cisco profit - analyst
    Tuesday February 25, 4:38 pm ET


    SAN FRANCISCO, Feb 25 (Reuters) - Cisco Systems Inc. (NasdaqNM:CSCO - News), the world's largest maker of network equipment, would have posted earnings that were lower by almost a third in the most recent quarter if it had expensed stock options, according to an analyst's research note issued on Tuesday.
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    After reviewing Cisco's quarterly filing with the Securities and Exchange Commission (News - Websites) on Monday, analyst Ehud Gelblum of JP Morgan Securities wrote that had Cisco expensed stock options, it would have had an additional compensation expense of $313 million in its second quarter ended Jan. 25.

    http://biz.yahoo.com/rc/030225/tech_cisco_options_1.html

    how about FRAUDCOM Zero Cost Printing Press??

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