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

To: hueyone who wrote (61152)	8/29/2002 3:37:39 PM
From: BWAC	Read Replies (1) \| Respond to of 77400

<You don't see any value in changing the rules that would discourage management from giving away the company to insiders without accounting for it? > You already have that power. Your proxy vote. Vote them out. Vote against the compensation plans. Require your mutual funds to vote responsibly.

To: hueyone who wrote (61152)	8/29/2002 4:59:50 PM
From: willcousa	Read Replies (1) \| Respond to of 77400

If I thought this would reduce the use of options to the highest of management I might be persuaded to support it on that ground alone. However, what will happen is that the rank and file won't get options any more but the top folks will continue to get them, whether expensed or not. You might note that severance pay is an expense and that has not stopped giving outrageous sums of money to people who are leaving the company and who, in many cases, fouled it up in the first place. There is no easy answer. We need more power to the shareholders and then we need them to use it!!!