Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

0.0%

Dec 24 12:59 PM EST

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To: RetiredNow who wrote (53550)	6/6/2001 1:33:30 AM
From: vc21	Read Replies (2) of 77400

Cisco has almost 8 billion shares outstanding. Let's say for the point of conversation, the company has 1 billion shares in the option pool. The stock is down 71% at these levels. In order to "pull employees' underwater options back to a true profit position", management would have to give away about half the company. What ever happened to working for a salary. Morale lower cause of your options? Boo hoo hoo. You want to leave cause your options are underwater? Fine. Show those guys the door. If all they're after is a buck, there is zero loyalty to the company and/or the vision it is pursuing. Let them pursue it elsewhere.

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