Corel--$100 in 1998 Message Board

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Technology Stocks : Corel--$100 in 1998

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To: PashaBear who wrote (2002)	3/30/1997 11:26:00 AM
From: PashaBear	of 2329

TO ALL: Re: Lowering Option Strike Prices Is anyone else on this thread concerned about lowering the already awarded option strike prices, as the proxy materials I just received from Corel requests? I thought the point of awarded options was (at least partially) to provide management and key employees with an incentive to raise the stock prices. Obviously, they haven't done this. According to the proxy materials, the biggest beneficiary of the option strike price bail-out is Dr. Cowpland. I can't help feeling that this is not right. Wouldn't it make sense to send management a strong message in the place they understand that shareholders insist on moves that benefit the stock price? Comments? Harold Davis

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