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To: Bill Harmond who wrote (145305)8/12/2002 11:56:12 PM
From: GST  Respond to of 164684
 
Options expense for CSCO: "The weighted-average estimated fair values of employee stock options granted during fiscal 2001, 2000, and 1999 were $13.31, $19.44, and $8.40 per share, respectively"

The diluted earnings per share for those years are
$ 2001,(0.14) 2000, $ 0.36 1999, $ 0.29

No wonder csco stock went off a cliff.