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alstry (35.42)

Your Retirement Plan Is Funding CSCO's John Chamber's Retirement

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February 09, 2011 – Comments (5)

John Chambers 2010 Stock Sales

From Mish's Blog:

Inquiring minds just may be interested in Cisco Insider Sales. Here are the transactions for John Chambers alone.

Sep 16, 2010 285,000 Acquisition (Non Open Market) at $0 per share.

Aug 18, 2010 243,178 Automatic Sale at $22.50 per share - $5,471,505

May 18, 2010 22,273 Automatic Sale at $25 per share $556,825

May 17, 2010 1,000,000 Option Exercise at $16.01 per share.

May 17, 2010 1,250,000 Automatic Sale at $24.61 per share - $30,762,500

Mar 05, 2010 1,800,000 Option Exercise at $16.01 - $20.53 per share.

Mar 05, 2010 1,800,000 Automatic Sale at $25 per share - $45,000,000

Feb 08, 2010 2,000,000 Option Exercise at $18.57 per share.

Feb 08, 2010 2,000,000 Automatic Sale at $23.73 per share - $52,206,000


The beauty of the above is your retirement plan/pension fund is the likely sucker to buy those shares and CSCO/John Chambers is the beneficiary of hundreds of millions of your collective hard earned dollars each and every year through the exercise and sale of stock options.

It all keeps going until the Credit Cow runs dry......and when she does, you will realize it is a www.udderworld.com

5 Comments – Post Your Own

#1) On February 09, 2011 at 11:36 PM, alstry (35.42) wrote:

And as the public companies suck up all your retirement/investment money....have you noticed how quickly the Industrial Age is shutting down as we prepare for the Digital Age:

United Space Alliance - 548 Kennedy Space Center Layoffs on April 8

U.S. Joint Forces Command Virginia - 2,300

Activison - 500 Layoffs

Wilmington Trust - 700+

RehabCare Clayton Office - Merger = up to 200 Job Cuts

Alabama - Budget Cuts could = Layoffs This Year

Comverse Technology Inc - 200

Harmonix - 12 to 15% of Studio Staff

7 Illinois Companies - 650 layoffs by End of March

Acuity Hospital of Houston - 221 Layoffs, Temporarily Suspends Operation at 2001 Hermann Drive

Continental Airlines - 500 in Houston

Ocean Choice International - 200 Layoff Notices

Cummins Filtration - 200

 

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#2) On February 10, 2011 at 12:41 AM, checklist34 (99.70) wrote:

lets face it, chambers has mastered the art of causing his stock to tank the day after earnings by syaing just the wrong thing in just the wrong way

i wouldn't be surprised if somewhere someone he knows is making millions off of this, maybe him himself

whatever

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#3) On February 10, 2011 at 1:01 AM, alstry (35.42) wrote:

Just selling his stock options to the retirement/investment accounts in America made himself and the company hundreds of millions of dollars of pure cash flow.....

Why does he/CSCO need to sell anything when they can simply sell billions worth of shares of stock to suckers around the country and the world each year?

Havn't you figured this out yet?

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#4) On February 10, 2011 at 1:02 AM, checklist34 (99.70) wrote:

alstry, they buy back billions worth of shares each year, not sell them

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#5) On February 10, 2011 at 8:29 AM, alstry (35.42) wrote:

That is simply to offset the new shares they issue and sell to the retirement/investment accounts

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