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

To: RetiredNow who wrote (69512)	1/11/2006 12:16:27 PM
From: Eric	Read Replies (2) \| Respond to of 77400

To me that's what is really interesting! They are poised for more serious growth with their new product lines coming out. They would only add more sales people to execute this.. Looks very bullish long term. Checked my broker for more info on analysts reports (you have to pay for this) and I'm enclosing a snippet of one from last month about employee options at Cisco... "Management: Notwithstanding its liberal use of stock options, Cisco's management has a solid track record of execution and corporate stewardship. John Chambers has been CEO since 1995. Most top managers, including Chambers, have sales or manufacturing backgrounds. After forgoing a salary for several years, Chambers' annual salary was reinstated at $350,000 for 2005. He received a $1.9 million bonus in fiscal 2004, but it was the first bonus he'd received in several years. He has typically taken home a big slug of options each year, though he received none during fiscal 2004. In 2005, he received a $1.3 million bonus and 1.5 million options. In total, Chambers holds about 111 million options, which should keep his interests aligned with shareholders'. The biggest knock against Cisco's management is its massive use of stock options to compensate employees: The firm gave options equal to nearly 3% of shares outstanding during fiscal 2004 and 2005. With new accounting rules for employee stock option expensing now in place, we believe Cisco's insistence on reporting "pro forma" numbers excluding option expense will create confusion over the coming year and eventually be looked upon with a skeptical eye. Cisco's option expense lowers our fair value estimate by nearly 16%." I found the above interesting.. Eric