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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.04-0.3%Nov 26 3:59 PM EST

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To: telecomguy who wrote (32797)3/17/2000 1:20:00 PM
From: Bill  Read Replies (1) of 77400
 
If you know anything about stock options, you know that they must be exercised within certain date ranges and that they expire on specific dates. You also know that they are fully taxable when exercised, so usually the stock is sold simultaneously.

Chambers, 50, sold 1.15 million shares at $131.75 each on Feb. 11 after exercising options to buy 1.25 million shares at $6.90 apiece, according to filings with the Securities and Exchange Commission.
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