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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.04-0.5%3:59 PM EST

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To: Lizzie Tudor who wrote (57670)2/19/2002 1:21:43 PM
From: RetiredNow  Read Replies (2) of 77400
 
Excellent point! As a shareholder, I would very much prefer that Cisco increase all salaries above the board to the 100th percentile than continue in this stock dilution scheme. Ultimately, as a shareholder I will get a heck of a lot more bang for my invested dollar. I get happy employees who will count a bird in hand as better than one in the bush. I get a company who's values are aligned with increasing economic value of the invested capital, rather than in playing sleight of hand games. Lastly, I get a company that doesn't water my stock to pay employees a lot of my money. There you have it. Great company and franchise, but needs compensation restructuring. The only way we'll get that is if shareholders vote down the next stock option grant plan. Who here actually uses their proxies to vote? I bet not many of you. Even if all individuals voted it down, I wonder how the institutions would vote?
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