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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	11/16/2003 8:54:34 AM
From: shoreco	of 100058

John says it's time... Reuters Cisco CEO sells 2 mln shares, raises $38 million Thursday November 13, 8:09 pm ET Chambers exercised his options at a price of $3.45 a share, accounting for multiple stock splits, according to the filing with the U.S. Securities and Exchange Commission (News - Websites) . He then sold them at an average price of $22.59 for a net gain before taxes of $38.28 million. biz.yahoo.com EOM Shoreco PS The amazing thing is, John just took a $38 million paycheck and it didn't cost CSCO (the company) a thing... Last time he sold was back in 2000. That gives him an unaccounted for salary of $12.33mil per year, and an accounted salary of $1... That's right!!! CSCO pays John $1 per year... How much does that dollar effect CSCO's earnings...ROFL!!!

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