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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 9:30 AM EST

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To: sandeep who wrote (63691)4/22/2003 12:45:48 PM
From: Lizzie Tudor  Read Replies (2) of 77400
 
Sandeep,

Last year, they offered 243mil. Just recently 75 mil.

I was going to ask you about this yesterday. What do you mean by "the offered 243mm" in stock options last year? Are you saying there was a new grant for 243mm? I don't think so. Or do you mean this amt of options came due?

I think most prior options grants are worthless, that was the reason for this new grant. They supercede one another.
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