SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: The Phoenix who wrote (47704)2/1/2001 10:52:34 AM
From: PMS Witch  Respond to of 77400
 
Thankfully, an explanation I can understand. Employees don't rape shareholders unless shareholders win, and as long as shareholders win, they don't mind sharing. Sounds reasonable.

Cheers, PW.



To: The Phoenix who wrote (47704)2/1/2001 12:51:48 PM
From: Tulvio Durand  Read Replies (1) | Respond to of 77400
 
...If the shareholders are losing money then the stock must be going down and as such the options are worthless and thus no dilution.

Some companies have reset option strike prices downward to offset loss in stock valuation. To my knowledge Cisco has never done this. OTOH, CSCO valuation has never taken hit as large as this one. Will Cisco reset strike-prices of existing options?

Tulvio