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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sandeep who wrote (52997)1/3/2001 1:42:21 AM
From: Thomas M.  Read Replies (2) of 436258
 
Employee stock options have been shown to help companies attract the best talent.

You are confusing micro with macro. So a smart guy goes from Intel to Brocade. How does the overall economy benefit? Answer: it doesn't.

However, while groping blindly in the dark, you have stumbled on one important way in which stock options have hurt our national productivity. The concentration of these lottery tickets in the technology field have drawn a lot of our brightest talent into that field. Rather than allocating the top talent to the most profitable companies, our economy has directed these people to the company most likely to hoodwink dumbass investors with a really cool-sounding IPO. I know a number of people who have wasted the past few years working for Dot Com black holes.

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