PSFT - Fiscal 1998 - Discussion for the next year Message Board

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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

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Oct 29 5:00 PM EST

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To: Tom Smith who wrote (3655)	11/21/1998 9:36:00 PM
From: RetiredNow	of 4509

OK! Tom this is the best explanation I have seen so far. But let me throw my 2 cents in. We, as shareholders, invest in a company because we feel they can make better use of it than we can. In exchange, we get a return. Repricing options simply means the company feels the best way to spend our money for long term return is to retain their talented employees. When things are going south, the best thing you can do is look internally first and shore up weaknesses, then tackly external factors. That is what PSFT is doing. So the question I put to you and Chuzz is this: where would the equivalent amount of cash be better spent if not on the employees? P.S. Many people on these threads post about options as if only managers and directors get them. Well, in reality, if you work in Silicon Valley, even if you are a lowly employee, you probably still get options. Everyone over here is making money when the company makes money. In fact, I know a bunch of secretaries who are living large due to the options they have received. That is why Silicon Valley is so successful. The incentives are large, so people work extra hard for the company.

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