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Biotech / Medical : Biotech Valuation
CRSP 55.08-2.9%Dec 26 9:30 AM EST

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To: Vector1 who wrote (6842)7/31/2002 9:49:31 AM
From: Harold Engstrom  Read Replies (2) of 52153
 
V1, I disagree that options are necessary to motivating key people. Most great contributors that I have known have not required or received options. The sole caveat is that expectations need to be managed: if a company explicity or implicity tells employees that stock options are going to be immensely valuable, then you have a problem if they are not or do not promise to be within any reasonable period.

H
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