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Technology Stocks : Long Term Investors' Outpost -- Ignore unavailable to you. Want to Upgrade?

To: DiB who wrote (445)	8/21/2002 10:23:48 AM
From: Uncle Frank	Respond to of 562

Short your company's stock? There are a number of reasons why that's a bad idea; here's a few off the top of my head: 1. You need to secure a short with cash or margin, but you can't get margin against an employee option. 2. You've half way "boxed" your stock. You can make money if the stock goes down, but none if it goes up. 3. Both the SEC and most companies "frown" on an executive shorting their company's stock. At many companies, including Cisco I believe, it is cause for termination. This is fun, but I'm starting to get a migraine.