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


To: Stock Farmer who wrote (57784)2/21/2002 10:19:31 AM
From: RetiredNow  Read Replies (2) | Respond to of 77400
 
I agree with you completely. If Chambers was involved then not only should he be canned, but he should pay back his profits to employees and shareholders. I don't believe any dirty executives should be given any quarter whatsoever. They make to much damn money to even think about getting involved in schemes to get even richer. If over a billion in stock options exercises for Chambers wasn't enough for him to live on, then I'm all for him being prosecuted if he did something wrong. Now having said that, I personally believe that Chambers is as clean as they come. From all the things I've read about the guy, it seems to me that he has the highest integrity of any CEO I've read about. I think the treatment of his employees in the downturn was a testament to that. Of course, I could be naive here, but I simply wouldn't put Chambers in the same boat with Lay. Of course, I could be wrong. What the hell do I know about these guys anyway? I know just what I read.



To: Stock Farmer who wrote (57784)2/21/2002 10:56:34 AM
From: PMS Witch  Read Replies (1) | Respond to of 77400
 
I'm pleased to see you've taken up the torch and shedding light on the option granting policy tech companies seem so enamoured with. I was 'run out of town' on these threads a couple of years ago for suggesting that when secretaries and broom pushers are able to retire as millionaires after a few years employment at a company, the management of that company must be overpaying the hired help.

I don't have the well developed ability of wringing the truth out of financial statements nor command of numbers that many on this thread seem to possess, but when something sticks out like a pimple on a prom-queen's nose, it's hard to overlook.

Call me greedy if you want, but it's my purse being snatched.

Cheers, PW.

P.S. Keep their feet to the fire!