Software, Digital Content, Geopolitics, Economics & More from of a Libertarian Serial Expat and Entrepreneur
In: finance & money21 Feb 2002
"Technology executives are mobilizing to block congressional efforts — a reaction to the Enron Corp. scandal — to change how companies account for stock options, a coin of the high-tech realm that some worry may distort a corporation’s true financial picture. [...] Take Cisco Systems Inc., the Silicon Valley networking giant. For the fiscal year ending June 30, 2000, it reported operating income of $4.6 billion. But had the cost of options been factored in, its operating income would have been $2.74 billion, according to an analysis by the brokerage firm Bear Stearns & Co."
I'm CEO of an online trade publishing firm in the marketing and defense verticals. We try to make news and data digestible and useful in an environment that is more noisy each day. This personal blog mixes my thoughts and interests on politics, business, software, and more, based on my business and personal experiences. Over the years I have posted items that turned out spectacularly wrong, and a few posts that stood the test of times better. Personal views only.