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Technology Stocks : Ciena (CIEN)
CIEN 199.26-1.1%Nov 7 4:00 PM EST

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To: jach who wrote (3107)9/14/1998 10:48:00 PM
From: gbh  Read Replies (1) of 12623
 
simple narrow view for high-tech; in the high-tech arena without good people (engineers) shareholders are history

Yes, I agree 100%. But what does this have to do with how much CSCO (or someone else) might pay for CIEN? In order to take care of and retain employees in down times, companies simply re-price options. Companies that truly believe their stock is undervalued, accompany the re-pricing of options with a share buyback. This keeps both shareholders and employees happy.
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