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

To: Lizzie Tudor who wrote (62973)	2/6/2003 4:14:18 PM
From: GVTucker	Read Replies (1) \| Respond to of 77400

Well, I don't agree and I will take Chamber's opinion over yours, if you don't mind. To me, you seem like one of the "shareholders" that really has his own personal interests at heart vs. someone who really wants to see Cisco grow and prosper. First of all, of course I have my own personal interests at heart. Why wouldn't I? Secondly, I would love to see Cisco grow and prosper. If you could combine that with a good valuation I could make good money. That would make me very happy. Kindof like a short who secretly wishes for war. A short that must hope for an exogenous event won't be a short for very long. He'll go broke. What I don't understand is that you are free to invest in any company that does not issue options or those that expense them, why don't you just move on. Why do you think I haven't? My fund manager believes that expensing options will kill hightech and I think that too. And how has this fund manager performed over the past 3 years? Was he sucked in by the Bubble? I find that a lot of people that share the stock option expensing worry are the same people that didn't worry about the absurd valuation of the market in 1999-2000. They were wrong then. And I believe they're wrong now.

To: Lizzie Tudor who wrote (62973)	2/6/2003 4:17:56 PM
From: BWAC	Read Replies (1) \| Respond to of 77400

Expense options to stop their abusive issuance? Nonsense. Vote management and the BOD's who issue excess options out. Remove money from mutual funds who refuse to vote in their shareholders best interest. That is the only way option abuse will stop. Expensing them won't stop it.

To: Lizzie Tudor who wrote (62973)	2/6/2003 11:27:05 PM
From: Stock Farmer	Respond to of 77400

Personally I think that expensing options will have an effect on the high-tech ecosystem. What will happen is that shareholders and Directors will be forced to see what management thinks is a reasonable cost of motivating employees in direct relationship to what management is reporting are the profits of the enterprise. That's all. No more and no less. If this results in ANY change in the number of options granted, then it will be indicative that management can not effectively justify current behavior. Otherwise, if these costs are justifiable then there will be no change. Boards of Directors will be able to defend their approved policy to shareholders. And everything will continue. So why would that kill enterprise? I don't get it. Do you think there's a lot of unjustifiable activity going on out there? John