Tech Companies Propose Alternative to Expensing Options

Thirty-three technology companies have proposed an alternative to stock options expensing. The companies, including Cisco, Siebel, Sun Microsystems, and Intel, propose to tell investors how many options have been granted to executives and employees and detail how those grants will affect the total number of shares outstanding. Disclosure would be made on a quarterly basis. The proposal is seen as an effort to create an alternative to expensing options.