Expensing Options

Today A CNBC observer mentioned the potential impact of expensed options on Apple Computer earnings. It will be interesting to see whether or not expensed options are a meaningful factor in high tech quarterly reports this time around. I understood that U.S. legislation to force the expensing of options was to come into effect around mid year.

In my view we're dealing with an accounting nightmare, a huge mistake, and an even bigger dark horse for markets from here on in. The whole idea has been under a veil of silence, so much so, that I have never heard anyone say the legislation actually became law. It's either a tempest in a teapot, or a category five hurricane. We will know the answer soon enough.