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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 83.12+3.1%Feb 3 3:59 PM EST

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To: SouthFloridaGuy who wrote (45987)1/4/2001 11:12:06 AM
From: The Phoenix  Read Replies (1) of 77400
 
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A second potentially large cost associated with the bubble is the effect of misperceptions of the value of the
real wage. There are two ways in which the bubble can cause misperceptions. Many higher paid workers,
particularly in the high tech sector, are receiving a substantial portion of their compensation in the form of
stock options.


This must be an old article. Very very few high tech workers I know rely on stock options as a form of compensation. They look at options as a perk. Wages are still comensurate with the job. In the high tech field wages are significantly higher than in other sectors - again due to a low supply of workers. The assumption that compenstation from stock options is a crtical component of wages is flawed I believe.

I can't read anymore.... this article is based on hot air...
nice try.

OG
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