Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.285

-1.9%

2:55 PM EST

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To: appro who wrote (12246)	4/8/1999 10:57:00 AM
From: Spots	Read Replies (1) of 12298

>>Talk about lowering the bar ... That's pathetic. It's also close to the edge of illegal IMO -- options are supposed to have market risk associated with them, aren't they? If they actually reprice them below current market, should be direct compensation. Of course they seem to have screwed it up, so I guess that's a loophole <ggg>. Probably brought the product-planning team in to mastermind it ...

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