SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cadence Design Systems

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Nevin S. who wrote (447)7/4/1999 9:15:00 AM
From: arnie h  Read Replies (2) of 668
 
Nevin S: Thanks for posting the analyst reports. They've done a nice piece of work. As far as Cadence is concerned, I can't help commenting on the following
<Management was quite forthcoming in acknowledging that
employee turnover (especially in sales, applications, and
marketing) has accelerated over the past two months. Cadence
is partly addressing this by granting additional options to
key employees.>
So the situation is this - we have a bunch of sales people who have made their livelihood by the 'difficult' job of selling product at a deep discount and ruining the pricing structure of an entire industry. As they threaten to leave, the company,instead of saying good riddance and letting them go destroy some other outfit, takes the extraordinary step of bribing them with more options. It's axiomatic that you can't be the leader in an industry if 'volume oriented' sales people are allowed to run amok.

Arnie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext