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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: Haim R. Branisteanu who wrote (41054)2/23/2000 1:32:00 PM
From: Jorj X Mckie  Read Replies (1) of 99985
 
Haim,
Why should a secretary working for the High tech company A with no profits, earn more that a more talented secretary working for me as an example.

The simple answer is that they are taking a risk by working for options and therefore they deserve the extra compensation. Though there are many anecdotal cases where secretaries have gotten wealthy with options, but you don't here about the ones that had options that either stayed underwater or only made nominal amounts.

I have worked at a couple of startups where I made very little salary and had options as well as a couple of tech companies that actually made money where the options didn't payoff. Only one of my six jobs in the tech industry has paid off with the options (my current job).
JXM
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