SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.020.0%Dec 24 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Carol M. Morse who wrote (62820)1/30/2003 4:38:02 PM
From: hueyone  Read Replies (1) of 77400
 
Carol:

Most things are pretty standard. And your post implied they weren't standard, when in fact, they are. I think options in the industry are granted according to industry norms.


Industry standards? Fixed stock option pool? Sorry Carol, but that simply is not true. Perhaps the poster you cited might want to consider these data points:

1. That stock option overhang ((a measure of outstanding options plus options authorized)/shares outstanding), has doubled over the last decade:

businessweek.com

2. That stock option overhang has almost quadrupled since the mid eighties:

ceonewswire.net

3. That CEO pay buoyed by steadily increasing options grants has grown from 40 times the average workers pay in 1980 to roughly 515 times the average workers pay by 2000:

e-insite.net

4. That the pace of rising CEO pay has accelerated in the last decade, moving from 100 times the average workers pay in the company to over 500 times the average workers pay during the 1989 to 2000 year period:

levin.senate.gov

5. That the value of stock options grants, partially due to increasing grants of options, has increased twelve fold since 1993:

marketwatch.com

6. That the average stock option overhang for tech companies now far exceeds even what liberal minded compensation consultants would say is an optimal level to increase shareholder value:

cfo.com

7. And that far from being any standards, some companies, like Siebel systems for example, have stock options overhang that are triple that of the average tech company:

Message 18491021

No Carol, precisely because there is no accounting for stock options, there are no standards. The degree of stock option abuse is both increasing and accelerating.

Regards,

Huey
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext