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Broadcom Corp. Message Board

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

    Option expensing would cut Cisco profit

    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.

    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.

    how about FRAUDCOM Zero Cost Printing Press??

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