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


To: RetiredNow who wrote (53550)6/5/2001 1:19:29 PM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
Here's a decent article for anyone who cares about free cash flow, which I argue is one of the best metrics that people can use to value a company, assuming you can forecast it well enough.

fool.com



To: RetiredNow who wrote (53550)6/5/2001 1:28:49 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 77400
 
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

i see you're beginning to learn a bit about how this options stuff works! CASH IS KING.



To: RetiredNow who wrote (53550)6/5/2001 1:28:49 PM
From: Wyätt Gwyön  Respond to of 77400
 
.deleted redundant message.



To: RetiredNow who wrote (53550)6/5/2001 1:45:36 PM
From: Charles Tutt  Read Replies (1) | Respond to of 77400
 
If they've been getting incentive options "for many years" they're probably doing quite well, and should realize that there are ups and downs.

JMHO.

Charles Tutt (TM)



To: RetiredNow who wrote (53550)6/5/2001 2:08:11 PM
From: Dennis Doubleday  Read Replies (1) | Respond to of 77400
 
You wrote:

> 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

How do you know your friends are in the top 10%? Most companies allocate new options according to perceived employee value. Maybe your friends think it was a "token goodwill allocation" because they aren't in the group management really wants to retain?



To: RetiredNow who wrote (53550)6/6/2001 1:33:30 AM
From: vc21  Read Replies (2) | Respond to of 77400
 
Cisco has almost 8 billion shares outstanding. Let's say for the point of conversation, the company has 1 billion shares in the option pool. The stock is down 71% at these levels. In order to "pull employees' underwater options back to a true profit position", management would have to give away about half the company.

What ever happened to working for a salary. Morale lower cause of your options? Boo hoo hoo. You want to leave cause your options are underwater? Fine. Show those guys the door. If all they're after is a buck, there is zero loyalty to the company and/or the vision it is pursuing. Let them pursue it elsewhere.