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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.03+0.8%Nov 14 9:30 AM EST

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To: Jorj X Mckie who wrote (39960)9/18/2000 1:28:46 PM
From: bambs  Read Replies (2) of 77399
 
I emailed Cisco Investor Relations with the following:

I was wondering if you knew about this article?

billparish.com

Bill Parish has made many statements in this article that should be a concern to present and future CSCO stock holders.

Could you please email mail me back and let me know if these two statements are factual:

"...there are 8.5 billion shares of stock outstanding, including options." in reference to CSCO stock.

" It is also noteworthy that Cisco's stock option debt to employees for unexercised options, according to the Wall Street Journal, now exceeds $40 billion and this leveraged debt increases more than $800 million with each $1 increase in the stock price."

It seems Bill Parish is stating that there is in the is around 800 million unexercised options that Cisco is responsible for, is this true?

Thank you in advance for your reply.


We shall see what they have to say, if they ever get around to replying to me.

Bambs
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