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

To: Amy J who wrote (66085)	8/27/2004 10:23:06 AM
From: GVTucker	Read Replies (1) \| Respond to of 77400

Amy, RE: Got to say, like how the Google guys greedily want to hold onto their stock (of course, time will tell.) Wait till the lockup expires before you say that.

To: Amy J who wrote (66085)	8/27/2004 10:32:30 AM
From: Kirk ©	Read Replies (2) \| Respond to of 77400

Ahhhh.... Couldn't find any executive on the insider trading roster that holds more than 1 million share, other than Chambers. Most seem to sell right away, which obviously would not be an acceptable quality of a leader for a company, since it would not inspire confidence in investors. The little light is starting to flicker and turn on... If the stock was such a good buy, then why don't the insiders exercise their options and keep the stock? One thing I try to look for is a company where insiders actually BUY stock with their own money. Here is one I own and have in my newsletter: finance.yahoo.com Look at all that buying! Compare it with Cisco: finance.yahoo.com Look at Mario Mazzola's holdings and history biz.yahoo.com

To: Amy J who wrote (66085)	8/27/2004 2:09:16 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 77400

I like the idea of blind trusts for executives who want to diversify. One factor to look at with Chambers would be whether or not the options had an expiration date. If he was in a "use it or lose it" situation, it takes some of the "he was a timing genius" out of it. Of course, he could have exercised to own (or done a partial sell to buy the remainder). Having done this, I would never do it again. Many people in silicon valley exercised options and purchased the shares rather than selling outright. And when the market crashed, they were saddled with the tax burden at the higher price while holding stock that was worth a quarter of the value when they exercised. Basically they got upside down on the transaction. For non-qual options, I would never exercise to own.....regardless of the company. I am sure that there are those who will disagree. As far as the heir apparent to chambers. I suspect that it is currently James Richardson. But there have been many heir apparents over the years. Gary Daichendt was one, Don Listwin was another. Often the heirs apparent decide that they want to head up their own company sooner rather than later. One of the things that I always try to keep in perspective with public companies and Wall Street, They are in the business of selling stock. If the owners of companies about to go public really thought that the real value of their company was going to skyrocket, they would never sell their share of the company in the first place. They would remain private and reap the rewards.