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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.02

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To: Kirk © who wrote (65455)	5/13/2004 11:32:14 AM
From: Lizzie Tudor	Read Replies (1) of 77400

the alternative option proposal that they are floating will expense the top 5 executive options and nobody elses, using black scholes. This is ok with me, except that I think it needs to be the top 10 or 15 officers. This will get the real abuse while not affecting the engineers in the labs. If the CEO gets fewer options because his are expensed, the lieutenants are not going to get the same levels either. Cisco only grants 4% of their total options pie to the top 5 executives but many companies are hugely generous with their executives while employees get nothing. Maybe agilent is like that. I have some acquaintances at HP labs and they are ready to skewer Carly at the next tribal council, what a pall that woman has cast upon our industry.

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