Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jorj X Mckie who wrote (60559)	7/28/2002 9:43:32 PM
From: Drake	Read Replies (1) \| Respond to of 77400

I heard that Chamber's right hamd man, Bill Nuti, left CSCO. Where is he going? dc

To: Jorj X Mckie who wrote (60559)	7/29/2002 12:23:45 PM
From: rkral	Read Replies (1) \| Respond to of 77400

Considering that CSCO has had some substantial layoffs and any unvested options or options that were underwater now disappear, how do you offset the expensing of those options that were accounted for earlier? For forfeitures (of non-vested options), previously expensed FAS 123 costs are recovered. For cancellations (of vested options), option costs are unchanged. There may be special considerations for layoffs and employment contracts. Above AFAIK, as I'm still learning this stuff too. Ron