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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.40-1.4%Jan 14 3:59 PM EST

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To: The Phoenix who wrote (41303)10/23/2000 12:22:25 PM
From: bambs  Read Replies (2) of 77400
 
Gary, It's simple. there are options out there. The stock doubled last year. The option debt then more then doubles.

say there is a million options with a strike price of 25
the stock traded at 30 last year. The stock doubles to 60
the option liability that the company has goes from 5 a share to 35 a share. do you get it?
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