Applied Materials No-Politics Thread (AMAT) Message Board

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

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To: Sarmad Y. Hermiz who wrote (2122)	8/6/2002 9:31:04 PM
From: Donald Wennerstrom	Read Replies (2) of 25522

You obviously have strong feelings on the subject Sarmad. That is your right. Chambers did not say he would "hide the options" from the shareholders, but put them in the footnotes on a quarterly basis, using the Black-Scholles model for the method of calculation. Then everyone could see what the "present value" of the options were. From personal experience, I was awarded options in a company I went to work for, but I never collected any money. Those options all expired worthless. Obviously there was no expense to the company shareholders in this case. This situation happens all the time. Don

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