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

To: Stock Farmer who wrote (56956)	1/31/2002 7:51:33 PM
From: John Koligman	Read Replies (2) \| Respond to of 77397

Thanks for the well thought out post (as usual) John. I still can't square this as anywhere near the word 'fair' in my mind though. You give a CEO so many shares that if he sells it temporarily depresses the stock (maybe), and then you have to bail him out to the tune of a couple hundred million? My understanding is that this is the second time Bernie has been bailed out in this manner. I don't know, the Microsoft guys seem to be able to unload billions in shares without too much bad publicity. This sounds like 'white collar blackmail' to me. As for WCOM up .20 today, look at the last week, down around 3 bucks <ggg>. I was discussing this and the latest trend I've noticed with CEO pay, that of 'forgiven loans' on another thread today. Compaq's CEO was 'forgiven' a loan recently for a few million that he had used to buy CPQ stock when he took over. Of course the stock back then was at 22, and since it is now 12, up from a recent 8, why should he have to fork it over... Of course we have Ken Lay selling stock to pay off loans, and the latest I heard is that Tyco heavies 'returned' stock to the company so that it would not show up as 'insider selling' (hey, maybe the WCOM board should have talked with the Tyco boys)... The whole thing stinks, frankly.. Thanks again, John