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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.11

+0.9%

Nov 21 9:30 AM EST

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To: Elroy who wrote (67244)	3/8/2005 1:45:54 PM
From: Kirk ©	Read Replies (1) of 77400

"People have said this would inhibit startups that lack cash from using options to attract employees - fine" This is not true despite what they say. Startups give out options at pennies... all they would have to do is give out restricted stock and take the expense hit at the time of the grant, when they are not making any money anyway. Once they have gone public, why screw the shareholders who you want to buy the stock so it goes higher? What I can't stand is to be a small investor with 1,000 or 2,000 shares in a company only to find out a director got 45,000 options to exercise and he holds less shares in the company than I do! Options carry zero risk for those who hold them since the holder has no money invested. We as shareholders need to change this. Kirk

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