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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 9:30 AM EST

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To: The Phoenix who wrote (47704)2/1/2001 12:51:48 PM
From: Tulvio Durand  Read Replies (1) of 77400
 
...If the shareholders are losing money then the stock must be going down and as such the options are worthless and thus no dilution.

Some companies have reset option strike prices downward to offset loss in stock valuation. To my knowledge Cisco has never done this. OTOH, CSCO valuation has never taken hit as large as this one. Will Cisco reset strike-prices of existing options?

Tulvio
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