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Technology Stocks : Ascend Communications (ASND)
ASND 211.05-0.7%Dec 1 3:59 PM EST
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To: mrclinton who wrote (52391)8/20/1998 1:16:00 PM
From: Jorj X Mckie  Read Replies (2) of 61433
 
mrclinton,
Your information about CSCO offering options of only 500 shares to new employees is incorrect. In addition, CSCO offers new grants on a yearly basis to all employees. Unless LU and NT have similar option grant policies, CSCO's package is overwhelmingly a better package.

Somebody from BAY or ASND that is accustomed to an option package similar to CSCO's is going to be disheartened if their new parent doesn't give them the "love" that can be found elsewhere in the industry.

Tom
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