Thursday Nov 11 2010
John Chambers Cisco CEO has made hundreds of millions by cashing out stock options. Yet the price of the stock for shareholders has gone nowhere since 2003, and it pays no dividend.
I disagree with author Spiceland that stock dividends do not increase the value of shares, if the stock dividend is in the form of an option, guys like Chambers literally get filthy stinkin' rich. read this article to see what I mean. How long will the public tolerate such cashiering by execs who do nothing for the shareholders? Notice that Chambers netted $14 M in one recent transaction.
Professor Elam 
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