Applied Materials No-Politics Thread (AMAT) Message Board

STOCKTALK

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.

Technology Stocks : Applied Materials No-Politics Thread (AMAT)

AMAT 252.34

+1.0%

12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Donald Wennerstrom who wrote (2121)	8/6/2002 8:43:54 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 25522

Donald, it is unbelievable to me what non-sense these CEO's go through to justify their theft of shareholder value through options. Options have a value. Many arbitraguers (sp ?) and derivative dealers would be happy to sell Chambers any kind of option he wants. The company can buy these out of the money (hopefully) call options and give them to employees. This would be the cost when issued. And it will not change by one penny over time. However, that method would deprive Chambers of the means to hide the cost of employee compensation and officer engorgement. If Chambers wants to give himself 10 zillion CSCO 15 2005 LEAPS, there is someone who will sell them to the company for a one-time price. And this falsehood of the cost changing from year to year would be exposed as the non-sense that it is. As Gottfried asked earlier, is there an error in my arithmetic here ? This is all aside from the issue that it is none of Chambers' business to give away stock in the company. That is the shareholders' property, and he should keep his hands off it. Sarmad

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next