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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.11-0.3%3:59 PM EST

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To: jbn3 who wrote (24349)4/12/1999 5:10:00 PM
From: Chuzzlewit  Read Replies (1) of 77397
 
Good afternoon Bachman, yes, AMT is the reason (according to my accountant at least), but such things are beyond my ken-- tax regulations make me twitchy . Regardless of the reason (federal or corporate), I am sure that the existing environment is one in which it is hard to justify stock options as efficient uses of shareholder capital. Perhaps I am overly cynical, but this is an issue where I think one could make a clear-cut case of management trying to fool shareholders.

TTFN,
CTC
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