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


To: RetiredNow who wrote (57388)2/8/2002 2:02:57 PM
From: Stock Farmer  Read Replies (1) | Respond to of 77400
 
Mindmeld: 2 Billions? No, that was an estimated benefit if ALL of the oustanding options reported in the last 10-K with strike 8ish and under were exercised at $20. To get the total 2 Billion all 214 Million options would have to be exercised.

I don't think that Cisco employees are going to panic and exercise all their options. In fact, in recent quarters it appears that they are holding on quite tight. Probably hoping for better prices in the future. IMHO.

Previous rate of exercise has been about 200 million options per year, or about 50 million per quarter. Plus or minus.

I suspect when we see the details it's going to be less than half that. For a benefit in the couple of hundred millions mark.