To: Stock Farmer who wrote (63685 ) 4/22/2003 12:38:06 PM From: Lizzie Tudor Read Replies (3) | Respond to Now, about stock options. I don't "claim" that the company only earned shareholders 7 Billions. The actual number (according to Cisco) is 7.346 Billions as of January 25, 2003. I know this for a fact because Cisco publishes it. If you want to "dispute" this, that is your choice. I have the 10-Q right in front of me, what data are you using to base your claim in opposition? And as far as where the rest of Cisco's assets came from, I did not claim they all came from stock options. I claimed that they came from assets purchased by shareholders, and that stock options are a major contributor to the phantom-cash machine. 16K employees of a company can realistically generate 14 billion of wealth through the exercise of stock options over a 10 year period. I say no, it isn't really possible. In fact, it is so far off the mark of a realistic ballpark amt I really couldn't let it go. You now say stock options are a "major" contributor to the phantom cash machine (which has magically generated a bunch of cash). OK so how much of that 14 billion do you think came from employee options exercising then John? Please be specific, because I don't think there is a chance in hell that Cisco got over $400K in cash from each employee at the company in order to create this phantom cash stockpile. I actually think the amt of cash per employee that Cisco has captured as a result of stock options is somewhere around 50K MAX (and probably not even that, since the employee count is larger now than it was before so you have to spread the executives over a larger pool of workerbees).One day when you get the time you should do the math. It's not hard, just tedious. It probably will come as a shock to your faith, but not only is (a) very much larger than (b), but (x) is very much larger than (a) and even (a) + (b)!
