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


To: Wyätt Gwyön who wrote (53549)6/5/2001 12:52:15 PM
From: RetiredNow  Read Replies (6) | Respond to of 77400
 
because I have friends who work there. Basicly, the new options they were given didn't come close to the number of options they all have underwater. It was a token goodwill allocation, rather than a real substantive effort to pull employees' underwater options back to a true profit position. Those top 10% employees who've been around awhile were pissed that they essentially got no credit for having slugged it out with the company for many years at below market rates during the biggest bull economy in history. That's got to wear on morale and it concerns me as a shareholder, because those top 10% are precisely the one's you want to retain during tough times like these. As anyone knows, the top 10% have opportunities even in economic downturns, when other folks can't find jobs. Just something to consider in the innumerable list of variables that help us decide a company's future worth.