[CANSLIM] The FASB Votes To Continue The Norm

From: Gene Ricci <genr@swbell.net>
Subject: [CANSLIM] The FASB Votes To Continue The Norm
Date: Thu, 15 Aug 2002 23:12:15 -0500

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      Hey, OK !!!=20



      August 15, 2002
      The FASB Votes To Continue The Norm
    =20

The FASB wants stock options to appear in the footnotes quarterly rather =
than yearly.  The FASB has voted no to expensing stock options and =
states that companies choosing to expense stock options will be able to =
choose from one of three transition methods.=20

FASB Statement: Companies can account for stock options using 3 =
different methods, some companies will expense options while others will =
not, and we will spend the next few years tweaking Statement 123 until =
we widdle away the unfavorable methodologies (or the 2 transition =
methods that companies bend the least).=20

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      =
face=3DVerdana,Tahoma,Arial,Helvetica,Sans-serif,sans-serif></FONT><FONT =

      face=3DArial,Helvetica,Geneva,Sans-serif,sans-serif =
color=3D#990000=20
      size=3D-1><B>Hey, OK !!! </B></FONT></P>
      <P align=3Dcenter><FONT =
face=3DArial,Helvetica,Geneva,Sans-serif,sans-serif=20
      color=3D#990000 size=3D-1><B></B></FONT>&nbsp;</P>
      <P align=3Dcenter><FONT =
face=3DArial,Helvetica,Geneva,Sans-serif,sans-serif=20
      color=3D#990000 size=3D-1><B>August 15, 2002<BR></B></FONT><FONT=20
      face=3DArial,Helvetica,Geneva,Sans-serif,sans-serif =
color=3D#990000=20
      size=3D+1><B><U>The FASB Votes To Continue The=20
      =
Norm</U></B></FONT><B><U></U></B></P></TD></TR></TBODY></TABLE><BR>The =
FASB=20
wants stock options to appear in the footnotes quarterly rather than=20
yearly.&nbsp; T<A target=3D_new=20
href=3D"http://www.fasb.org/project/amend_123.shtml">he FASB has voted =
no to=20
expensing stock options</A> and states that companies choosing to =
expense stock=20
options will be able to choose from one of three transition =
methods.<FONT=20
face=3DVerdana,Tahoma,Arial,Helvetica,Sans-serif,sans-serif size=3D-1>=20
<BR><BR></FONT><FONT =
face=3DVerdana,Tahoma,Arial,Helvetica,Sans-serif,sans-serif=20
color=3D#990000 size=3D-1><B><I>FASB =
Statement:</I></B><I></I></FONT><FONT=20
face=3DVerdana,Tahoma,Arial,Helvetica,Sans-serif,sans-serif =
size=3D-1><I> Companies=20
can account for stock options using 3 different methods, some companies =
will=20
expense options while others will not, and we will spend the next few =
years=20
tweaking Statement 123 until we widdle away the unfavorable =
methodologies (or=20
the 2 transition methods that companies bend the least).=20
<BR></I></FONT></FONT></DIV></BODY></HTML>

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