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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 223.95+1.7%Nov 21 9:30 AM EST

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To: Proud_Infidel who wrote (2442)8/15/2002 11:19:45 PM
From: Math Junkie  Read Replies (1) of 25522
 
I disagree with Mitchell's concern's about options being spread around "too democratically." When I worked for a high tech company, I received both options grants and the opportunity to buy stock at a discount. Although my job was not often on the cutting edge of the company's technology, these programs did much to help motivate me to make sure that the needs of customers were being taken care of, and furthermore induced me to stay at the company longer than I otherwise would have.

I once heard that when a company loses an engineer, it costs $70,000 to find and train a replacement, and that was some years ago.
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