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

To: GVTucker who wrote (56110)	10/30/2001 12:32:57 PM
From: RetiredNow	Read Replies (2) \| Respond to of 77400

Graef's arguments aren't that ingenious. Yes, Chambers received another option grant, but according to a couple of friends of mine who work there, so did many employees. It just so happens that CEOs get more options than managers and line employees, so the 2 million options seems high. However, why don't you check out what other CEOs are getting? Chambers compensation is not out of line with other CEOs. In addition, Graef forgot to mention that Chambers' salary is now $1, at his own request. I agree with you that Cisco should cut down on its option grants (maybe to only the top 10% and purchase those shares on the open market). But Chambers is taking his lumps in line with employees.

To: GVTucker who wrote (56110)	10/30/2001 12:45:43 PM
From: marginnayan	Read Replies (1) \| Respond to of 77400

Well there are always people critical about a person no matter how well he performs. Mr. Chambers did turn Cisco from $ 200 million company to a multi-billion company in sales. On top of that engineers who learned and got trained at Cisco went out and founded other startups which came out with even more innovative products, even further contributing to job creation, the driver of american economy. All other competitors in this space like BAY, CS, COMs just disappeared or are disappearing from the face of earth. Now in my opinion I would call that a remarkable performance no matter what people think. And with it rewards should come and Mr. Chambers deserves so. I thought this is how the capitalist system works but then there will be instances where it takes extreme form. But can you avoid that ?