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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Farmer who wrote (44718)	12/18/2000 10:15:35 AM
From: The Phoenix	Read Replies (3) \| Respond to of 77400

So your postulate works for those who have options already vested and who will sit on them waiting for the bottom, exercise at the bottom etc. Might see a rush of exercise between now and whenever if a true bottom forms. Thank you - that is an accurate picture...

To: Stock Farmer who wrote (44718)	12/18/2000 10:33:36 AM
From: Monty Lenard	Respond to of 77400

John, remember when the companies were buying back shares over the last year or so? I believe IBM saved the day in 1997 with an announcement. Anyway, there is a most interesting article in todays WSJ concerning these company stock buy backs and who really benefits from them. Seems HWP paid 8.2 Billion for stock now worth 4.2 Billion. It never has any effect on the P&L either! Top management uses BORROWED money in "T's" case to support their stock price! Many others did the same thing and Warren Buffet addressed this in his annual report. Really a must read. Monty