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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.42

+1.9%

Dec 19 9:30 AM EST

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To: Lizzie Tudor who wrote (65527)	5/15/2004 3:06:15 PM
From: rkral	Read Replies (1) of 77400

OT .. Lizzie, re "BS falls apart on the really speculative issues like Juniper and RHAT. " IMO stating "B-S falls apart on the really speculative issues" is, er .. just BS. :-)) But if you have a cogent argument to support that, let's hear it. re "Sure [ed: Black-Scholes] works for Cisco, all in all a pretty lethargic stock. " So does that mean you think it's preferable for Cisco to "expense at grant" (rather than "at exercise")? But "expense at exercise" for a Juniper or a RHAT (speculative type of company)? Or not expense a Juniper or a RHAT at all .. even though a Cisco expenses? Or do you not know what you mean? Or do you know what you mean without the ability to communicate your meaning? Because I sure as heck don't what you mean, as you keep referencing companies not previously discussed and yet, ironically and simultaneously, keep going in circles. Ron

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