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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.80-1.9%Dec 12 9:30 AM EST
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To: willcousa who wrote (61147)8/29/2002 2:55:02 PM
From: BWAC  Read Replies (1) of 77400
 
<Stock options often have no market value when issued. >

They want you to estimate and record an expense for the Time Value and Volatility Premium which they percieve to exist in an Option Grant. As if by some magic you could trade such options on the CBOE.
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