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

To: TokyoMex who wrote (17488)	9/29/1998 10:13:00 PM
From: RetiredNow	Respond to of 77400

"Chief executive John Chambers has displayed his managerial skills again, according to Daniel McKelvey with Forte Capital, an owner of Cisco shares. He is pleased that Cisco is, in effect, sharing more of its profits with its shareholders and less with its employees. " This statement is naive in saying there is a difference between shareholders and employees. Employees are shareholders. Companies like Cisco and Microsoft have proven that this model works. Does anyone think the employees would be as motivated to slave for the company if there wasn't the possibility of a fortune to be made? A great man once said that for a company to really succeed in the market place, it must concentrate on satisfying three principals: the customer, the shareholders, and the employees. Anyone care to guess who that was? Well, I'll tell you. John Chambers. P.S. I think it would be nice if FASB tightened up on accounting rules in order to more accurately reflect the cost of options, but I still believe the above holds true.