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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.15-1.0%12:17 PM EST
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To: Boca_PETE who wrote (64585)9/15/2003 4:34:39 PM
From: RetiredNow  Read Replies (3) of 77400
 
Hi Pete, they aren't marketable today, only because they haven't been structure to be marketable on a secondary market. Coca Cola started to do this, but then backed out. The bottom line is that there is no reason why they can't be sold by employees, even before they have been exercised. All they would need is for the company to structure the option in such a way as to make that possible and then contract with another firm willing to make a market in those options.
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