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

To: RetiredNow who wrote (53814)	6/26/2001 8:25:46 AM
From: kvkkc1	Read Replies (1) \| Respond to of 77400

Maybe other companies need to offer better plans than CSCO to keep employees. Everything I've read says CSCO is one of the most worker-friendly employers. Judging from the generosity in the severance packages for the newly laid off, I'd say there's probably some truth to that.knc

To: RetiredNow who wrote (53814)	6/26/2001 11:51:23 AM
From: HG	Read Replies (2) \| Respond to of 77400

<<<Sounds like a bad deal to me. I think I'd rather have been at Juniper, where they just exchanged all of your outstanding options for repriced ones.>>> <<<own 30K options at Juniper at $200 and then receive an exchange for all the underwater options for a new price of $40; stock is now trading around $30>>> Where did you get this info from...? I'm pretty certain that it is wrong information.

To: RetiredNow who wrote (53814)	7/3/2001 7:24:42 AM
From: Amy J	Read Replies (1) \| Respond to of 77400

Mindmeld, please tell your friends this: a) look at what happened to CSCO around Feb of '94 (or was it '95) b) look at MSFT in 94 Are any Cisco or Microsoft employees from 94 upset today? c) look at Lucent's comp plan (they use the non-Silicon Valley method of stock allocation, if you get my drift) I believe your friends will be happy (over time) if they stick it through. The best way to make money, is by digging your heels in and making it, not by chasing others who can do it for you. In the top ranks of Silicon Valley, people get hired to make the money, not to chase others who can do it for them. It's very easy for an employer, BODs to detect the later category. Folks want to hire leaders/creators of wealth, not followers/chasers. What can make a career into something big, is to really stick it through the hard times and pull together. Long-term that is the most profitable. If they are truly upset and don't have the perspective on things, the way to handle such matters isn't by complaining, but by taking action that is aligned with the company's interest. Walk up to their manager and tell them they want extra duties, extra milestones to achieve and they'd like achievement of the milestones to be associated with extra stock options as a bonus. If the manager doesn't know how to do this, ask the manager if they could speak with their manager and so on. Repricing stock options turns investors off to the stock, which long-term isn't good for the company (and the employees) - it's a trust violation to the shareholder. But, aggressive employees that are willing to achieve more milestones in exchange for more stock options, could be quite acceptable investors. I would expect an aggressively operated company to be flexible with stock option bonuses, provided they are associated with measurable milestones. I just bought some more CSCO shares today ~ $18.65. Regards, Amy J