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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.94-1.1%Jan 8 3:59 PM EST

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To: Stock Farmer who wrote (58655)3/26/2002 9:41:17 AM
From: hueyone  Read Replies (3) of 77400
 
Option Reform Gains Backing
Pension Fund Group---Council of Institutional Investors (CII)---Reverses Its Stand


washingtonpost.com

Snip
But with the controversy over options as part of executive compensation growing after the failure of Enron Corp. and other corporations, the council, holding its annual meeting in Washington, approved a resolution saying the cost of the options should be factored into a company's expenses when the options are granted, which would reduce the company's profits.

This pension group's members manage more than two trillion in assets, so it appears this is pretty powerful constituent in the reform camp.

Best, Huey
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