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

To: GVTucker who wrote (63007)	2/7/2003 1:46:32 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

yes, that's true. But business owners who pay too much for employees end up with a bankrupt business. Don't believe me? Check out all the dot bombs. They burned through their cash and stock like it was water. They did that until there was nothing left. A true owner would carefully evaluate how much they are paying an employee to see if it was worth it for what they were getting in return. If they ignored expenses such as stock options expense, they get a nice big shock when they tried to sell their ownership shares and didn't get as much back as they thought they were worth. Smart business owners realize that employees are their biggest assets, especially the salesforce. However, it's a balancing act to make sure you spur growth, but only pay out what's fair or even a little premium for what you get back. But to pay a line level engineer several million dollars in options to build an HR website is ridiculous, when you can get the same done for $10-20K by shopping around a little. As Forrest Gump would say, "Smart is as smart does." :)