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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.87-0.1%Jan 9 9:30 AM EST
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To: larry who wrote (61404)9/23/2002 2:49:07 PM
From: GVTucker  Read Replies (1) of 77400
 
Well, to be fair, larry, notional value really doesn't mean a whole heck of a lot of anything beyond its scare value.

I imagine there's a few Cisco employees with options to buy 10,000 or so shares of stock at $70/share. Now, on a notional basis those people have quite a bit of money, although in reality those options are worth zero.

Yes, JPM has a big derivative exposure, more than any other bank in the US, but the notional value of the derivative exposure really doesn't give much of an indication of anything.
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