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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.030.0%Dec 24 12:59 PM EST

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To: RetiredNow who wrote (53545)6/5/2001 12:29:22 PM
From: Wyätt Gwyön  Read Replies (1) of 77400
 
. Cisco didn't reprice their options

how do you know csco didn't reprice options, or that newly issued options do not reflect the fact that many existing options are now OTM??? keep in mind that some cos. may just issue more options, leaving existing OTM options open, possibly for accounting reasons.

15-May-01 13:00 ET Cisco Systems (CSCO) 19.48 +0.91: Cisco moving higher; we're hearing from CIBC World Markets that the company priced new employee options last night; this is consistent with what Cisco indicated on its recent conference call and should not come as a surprise. Many nevertheless see this as a positive development as it might indicate that Cisco management sees a bottom ahead. Given that management has badly misjudged its market over the past six months, it's debatable whether much weight should be put on management's expectations.
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