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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: Stock Farmer who wrote (47665)	2/3/2001 2:54:28 PM
From: Andy Thomas	Read Replies (1) of 77400

stock options: --As an executive, I also gotta tell you this option thing is the greatest way of paying employees without having to go the equity market and raise cash. Add to this that unvested in-the-money options (lots of them) are the greatest monkey trap ever invented. Monkey can't get out of the jar with their hand around the apple! Gotta love it. -- when i was working at msft on the win95 project, i was getting ready to cash in on the huge anticipated earnings spike which would have come the 2nd-4th quarters of fiscal year '96. however, before any of that could take place, the executives announced, 'deferred earnings.' that made me fairly livid at the time. anyhow, it's just another example of the 'can't get out of the jar with their hand around the apple!' andy

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