It's a stunt. His salary was like $300K. What are his stock options for the year worth? I can't recall the numbers I heard (plus rumors aren't worth much if you can't find some proof). I found this story stating in 1997 he received 800,000 stock options for the year. $300K is a drop in the bucket with those sort of options (granted, you need to cash them in at the right time). http://www.forbes.com/asap/1998/0223/052.html Oh, I found a better link from April '99 when he exercised 900,000 options and then sold 850,000 of them for a profit of $80M: http://www.xent.com/apr99/0013.html Oh, I found even better numbers: http://www.business.com/directory/computers_and_software/cisco_systems/peopl e/chambers,_john_t/ I wonder if he's giving up the $1M bonus for the year? The man has $1.23B, yes BILLION worth of stock options. Is it a stunt? Hmm. I'm not jealous, nope, not me ;-) Ok, $300K compared to $1B, it's 0.03% of his worth. Whoop-tee-doo. -- Jason Roysdon, CCNP+Security/CCDP, MCSE, CNA, Network+, A+ List email: [EMAIL PROTECTED] Homepage: http://jason.artoo.net/ ""xc"" wrote in message [EMAIL PROTECTED]">news:[EMAIL PROTECTED]... > Now some of you may be thinking that the $1 salary is just a Cisco > publicity stunt. Sure, maybe so. Message Posted at: http://www.groupstudy.com/form/read.php?f=7&i=2436&t=2436 -------------------------------------------------- FAQ, list archives, and subscription info: http://www.groupstudy.com/list/cisco.html Report misconduct and Nondisclosure violations to [EMAIL PROTECTED]
