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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.67

-2.0%

1:50 PM EST

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To: kvkkc1 who wrote (47732)	2/1/2001 12:43:42 PM
From: GVTucker	Read Replies (1) of 77400

I am not aware of anyone who has looked into option repricing as a formal study, so, sorry, I couldn't tell you how widespread the practice is. The highest profile repricing I can remember is ASND. They repriced employee options just a few months before selling the company. That was a clear case, IMO, where there was a transfer of wealth from shareholders to employees. In the specific case of CSCO, I honestly don't think that management would try repricing.

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