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

To: Kirk © who wrote (64761)	9/19/2003 2:26:37 PM
From: rkral	Respond to of 77400

OT ... Kirk, re "Thank-you. We can ignore the buts as you agreed to my point." LOL! Using your logic, if a coin-flip came up 'heads' one time, the outcome of many coin flips would be 100% heads. It's the average, actually the mean outcome, that's important. re "You refused to fill in the table because it makes my point in a rather elegant fashion. Game, point and set to Kirk. Is it the match as well?" False. I can fill in the table, but chose not to. You can actually fill it in yourself. For Cisco, it's about 40% of the stock price on the date of grant, on an option-by-option basis. But feel free to be delusional, and think you've won whatever it is you think you've won. It's no skin off my nose .. except for my time, of course. re "I also question your literacy as you keep saying I have not agreed that options are a "cost" but I have many times." IMO that's false too .. as you don't yet realize there is a cost, even when options expire worthless. re "My argument is your side has not shown me a simple way to account for it that makes sense at the limits. " With respect to probabilities, the important metric is the mean, i.e., the expectation of a single outcome. The result "at the limits" is generally of little interest, except to you it seems. re Ron says: "There are some details that make that statement not true .. exactly .. but you're not ready to go there IMHO." Kirk says: "It sounds like you weren't ready to go there..." Generally, your most recent post proves to me that *you weren't, and still aren't, ready to go there. re "Do you always insult those that don't agree with you when they are winning a debate?" You're insulted being told "you're not ready to go there"? As a college freshman, were you insulted when told you had to pass Probabilities 101 .. before you could take Probabilities 301? If "yes", that's irrational IMO. re "You CLEARLY lost this round [ed:..] Wave your arms and call me names if it helps, but I've been debating on the net long enough to shrug it off and bask in my victory! -grin-*" You're still delusional IMO. You're lost at sea, and that island you see is really a mirage. Ron