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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.020.0%9:30 AM EST

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To: RetiredNow who wrote (53545)6/6/2001 1:41:26 AM
From: hueyone  Read Replies (1) of 77400
 
Cisco offers employees new stock options

biz.yahoo.com

Mindmeld, it doesn't sound like Cisco has slowed down the employee options gravy train to me. Frankly, I am a little sick of it: dilute the shareholders, then artificially pump up the earnings by not expensing stock options. Sometime this has to stop and Cisco has to get back to creating legitimate shareholder value. Cisco even excludes employee options exercise related payroll taxes from pro forma earnings---calling it a one time event.

Tell your friends they can start Cisco back on the road to recovery by taking fewer stock options and working for less. Your friends aren't going anywhere; the time is way past where they could leave for easy opportunities elsewhere. Right now they are lucky to have a job with a tech company that will still be here in five years.
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