September 2005
Cisco's Options Play
The company's proposed method for accounting for employee stock options would affect all of Silicon Valley.
By Roger Lowenstein
If you were working in Silicon Valley in the 1990s, you probably have employee stock options to thank for your Porsche, your second home, and the gratitude of your spouse. If, more recently, you lost your job, you can thank stock options for that, too.
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Massachusetts Institute of Technology