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Technology Stocks : Siebel Systems (SEBL) - strong buy?
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To: hueyone who wrote (5973)6/10/2002 8:22:42 PM
From: Lizzie Tudor  Read Replies (2) of 6974
 
I suspect if you went back and studied Softies financial history you would find that they were employing stock options to a much lesser extent when they were a small to midsize company, (arguably their most productive and innovative years) than the extent companies are employing stock options today. Same can probably be said for HP, Intel, Apple, or any other number of highly successful, innovative companies that were spawned during an earlier era in the Valley.


I worked at Apple in 1984 while a high school student and this wasn't true- there. There were a lot of HP people at Apple at that time and I remember the pov that stock options (at Apple) which were not available at HP "kept engineers as engineers". The point being, if you worked at HP and wanted to make any money you had to move into management and there was little or no incentive to innovate in the engineering ranks.
L
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