Hueyone, I really believe, that people inside Cisco and Siebel and some other companies think that investors knew, or should have known, about any inherent costs in using options to incent people. I don't believe Tom and crowd (or many in SV for that matter) think that options are true expenses, and they don't want to address charts like you just posted here, because they believe they are inherently false (as I do).
Unfortunately in shareholder meetings, you can't ask anyone that raises their hand just how much of a stake they have in the company, and exclude the little fish or hecklers which own *no* stock and are just there to hear themselves speak. Thats the issue. In case you haven't noticed, I'm fed up with this matter myself, and while I don't think Sebl should exclude these sorts of questions, I can see why they would want to.
Really the answer is quite simple, those that have issues with options and their treatment wrt tech companies should move on to other investments, no big deal. Why waste time at shareholder events (which are supposed to be informational for REAL shareholders and stakeholders like employees) with these matters.
BTW, how much SEBL stock do you own or have you owned? |
