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Technology Stocks : Dell Technologies Inc.

DELL 122.92

-3.9%

3:59 PM EST

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To: Chuzzlewit who wrote (138148)	7/30/1999 6:02:00 PM
From: PMS Witch	Read Replies (3) of 176387

Employee stock option stuff... How about this ... Pay employees a fair salary. If those employees feel the stock of their company is a good investment, they can buy shares with their own money. Account for wage costs in the usual way. We've all heard of secretaries becoming millionaires through their company stock options. I find it hard to imagine what kind of contribution a secretary makes to the company that would be worth millions. (I haven't anything against secretaries. I just needed an example.) If an employee is rewarded by a company beyond their contribution to that company, the management of that company simply hasn't been good stewards of the resources placed in their trust by the shareholders. I've heard people say that options are necessary for start-ups with little cash for wages. If the venture capitalists can stump-up for everything else, they can cough up a little more and pay the help. I don't see any excuse for a mature company to engage in this practice. Just my thoughts, PW.

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